IMF Staff Country Reports

Dominica: 2025 Article IV Consultation-Press Release; and Staff Report

June 12, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Dominica: 2025 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2025, 130 (2025), accessed July 19, 2025, https://doi.org/10.5089/9798229013840.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

Dominica is a small developing state (SDS) facing large economic imbalances, natural disasters (NDs), and substantial development needs amid slowing potential growth. Its narrow economic base (ecotourism and agriculture) with limited downstream integration leaves it exposed to external shocks, which have pushed debt well above the regional 60 percent of GDP threshold, heightening debt distress risks. The country is highly reliant citizenship-by-investment (CBI) flows—that are susceptible to abrupt halts from evolving third-party security concerns— for reconstruction and strategic investment, which has raised the current account deficit during the building phase. With no independent monetary policy, fiscal policy is the primary policy tool, but weak institutional capacity hampers policy formulation, monitoring, and execution.

Subject: Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public sector

Keywords: Audit computer audit technique, Caribbean, CBI inflow, Credit, Debt projection, Distress risk, Evaluation report, Global, IMF's holding, Policy discussion, Policy execution, Policy formulation, Public sector, Update assessment of the ECCB

Publication Details

You May Also Be Interested In...

The Energy Origins of the Global Inflation Surge

July 18, 2025

Financial Imbalances, Systemic Stress, and Macroprudential Implications

July 18, 2025

The Business Environment and Productivity in Tanzania: Evidence from Firm Level Data

July 18, 2025

Fostering Human Capital in Tanzania’s Rapidly Growing Population: Tanzania

July 18, 2025