Fiscal Sustainability and Resource Mobilization in the Dominican Republic

Author/Editor:

Oscar E Melhado Orellana

Publication Date:

January 1, 2003

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.

Series:

Working Paper No. 2003/019

Subject:

Expenditure Fiscal policy Fiscal stance Fiscal sustainability Public debt Revenue administration

English

Publication Date:

January 1, 2003

ISBN/ISSN:

9781451843767/1018-5941

Stock No:

WPIEA0192003

Pages:

35

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