Dominica: Third and Fourth Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility
March 25, 2005
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The staff report for the Third and Fourth Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Dominica highlights economic developments and policies. Import growth has been robust on account of the economic recovery but the impact on the current account has been partially offset by increased tourism receipts. The efforts to reform the tax system and strengthen social security are necessary to place Dominica’s public finances over the long term on a firmer footing.
Subject: Asset and liability management, Commercial banks, Credit, Debt restructuring, Financial institutions, Money, Public debt, Public financial management (PFM)
Keywords: adjustment program, Caribbean, Commercial banks, CR, Credit, debt exchange offer, Debt restructuring, debt restructuring process, executive board review, government, ISCR, monitoring capability, PRGF
Pages:
68
Volume:
2005
DOI:
Issue:
117
Series:
Country Report No. 2005/117
Stock No:
1DMAEA2005001
ISBN:
9781451810882
ISSN:
1934-7685
