IMF Staff Country Reports

Dominica: Seventh Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review

January 3, 2007

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International Monetary Fund. "Dominica: Seventh Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review", IMF Staff Country Reports 2007, 001 (2007), accessed June 21, 2025, https://doi.org/10.5089/9781451810950.002

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Summary

This paper discusses key findings of the Seventh Review Under the Poverty Reduction and Growth Facility (PRGF) for Dominica. Policy implementation under the program has remained strong. All end-June 2006 performance criteria were met, and all indicative targets for end-June and end-September were met with comfortable margins. Progress has been made on the structural benchmarks for the Seventh Review. Fiscal performance in FY2005/06 was commendably strong, and the FY2006/07 budget reflects a continuation of strong fiscal policies.

Subject: Asset and liability management, Debt restructuring, Macrostructural analysis, Public financial management (PFM), Revenue administration, Structural reforms, Taxes, Value-added tax

Keywords: Authority, Caribbean, Commendable commitment, Completion of the review, CR, Debt restructuring, Discussion of Dominica, ISCR, PRGF, PRGF arrangement, Private sector, Structural reforms, Value-added tax

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