IMF Staff Country Reports

Dominica: 2012 Article IV Consultation

Publication Date:

January 28, 2013

Electronic Access:

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Summary:

Dominica has faced two major challenges during the past two decades: weak competitiveness and low potential growth. In addition to these economic challenges, the country has been facing frequent natural disasters. Growth is expected to pick up gradually. The financial system is highly liquid but monetary conditions have not eased. The external position is improving on strong service receipts. Fiscal policy is reaching its limit in terms of its ability to support economic activity. The balance of risks to the fiscal outlook is broadly balanced.

Series:

Country Report No. 2013/031

Subject:

Commercial banks Credit bureaus Economic sectors Financial institutions Financial markets Fiscal policy Public debt Public sector