Dominica : Staff Report for the 1999 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

February 15, 2000

Electronic Access:

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Summary:

Economic growth averaged about 2.5 percent a year in the 1990s, and the structure of the economy continued to move away from agriculture as the key banana sector contracted further. Broad money has continued to grow at a slightly higher rate than nominal GDP. At the same time, commercial banks expanded credit to the private sector at a fast pace during 1998–99. Executive Directors welcomed the authorities' plan to broaden the tax base by replacing a number of indirect taxes with a value-added tax.

Series:

Country Report No. 00/16

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/08--IMF Concludes Article IV Consultation with Dominica and a statement by Mr. Bernes, Executive Director, on January 10, 2000.

English

Publication Date:

February 15, 2000

ISBN/ISSN:

9781451810769/1934-7685

Stock No:

1DMAEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

53

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