Dominica : Staff Report for the 2011 Article IV consultation

Publication Date: November 14, 2011
Electronic Access: Free Full text (PDF file size is 1,229KB).
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Summary: Dominica has made significant progress over the past decade in strengthening its macroeconomic policy management. The 2011 Article IV Consultation report concludes that Dominica is emerging from the crisis. Growth turned positive in 2010, but tepid demand and the needed fiscal consolidation will weigh on the near-term prospects. Executive Directors endorse that fiscal policies need to be returned to a sounder footing to correct the weakening fiscal position. Given weakening revenues, IMF staff believes that achieving the authorities’ target will necessitate additional fiscal measures beyond those envisaged in the budget.
Series: Country Report No. 11/324
Frequency: Biannually
Subject(s): Article IV consultation reports | Bank supervision | Banks | Debt sustainability analysis | Economic indicators | Fiscal reforms | Global competitiveness | National accounts | Nonbank financial sector | Real effective exchange rates | Staff Reports

Publication Date: November 14, 2011
ISBN/ISSN: 9781463924577/1934-7685 Format: Paper
Stock No: 1DMAEA2011001 Pages: 68
US$18.00 (Academic Rate:
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