{
  "title": "Dominica: Poverty Reduction Strategy Paper",
  "publication": "IMF Staff Country Reports, August 4, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515",
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  "summary": "The Growth and Social Protection Strategy (GSPS) provides the framework for Dominica’s economic and social policies over the next five years and sets out the macroeconomic framework; the growth strategy, including the enabling environment for private enterprise and sectoral strategies; and poverty r",
  "sections": [
    {
      "heading": "Overview and Objectives",
      "content": "- The Growth and Social Protection Strategy (GSPS) provides the framework for Dominica’s economic and social policies over the next five years.\n- The GSPS sets out:\n  - the macroeconomic framework;\n  - the growth strategy, including the enabling environment for private enterprise and sectoral strategies;\n  - poverty reduction and social protection programs."
    },
    {
      "heading": "Key Findings",
      "content": "- Economic growth in Dominica was curtailed by a conjuncture of unfavorable developments, particularly with respect to trade.\n- Underlying weaknesses in the economy included a reliance on one or two sectors.\n- The lack of diversity exacerbated Dominica’s vulnerability to economic shocks."
    },
    {
      "heading": "Policy Directions and Emphases",
      "content": "- Strengthen the macroeconomic framework to support sustained growth.\n- Promote an enabling environment for private enterprise.\n- Implement sectoral strategies to diversify economic activity.\n- Design and scale poverty reduction and social protection programs as core elements of the GSPS."
    },
    {
      "heading": "Subject Areas and Keywords",
      "content": "- Subject: Economic sectors, Education, Labor, Poverty, Poverty reduction strategy, Tourism\n- Keywords: Caribbean, community development, CR, economic growth, financial support, Global, government development policy, ISCR, labour force, Poverty reduction strategy, private sector, Tourism\n\n---\n\n Content in this bundle\n\n- Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006\n  - Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 4, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451810929.002",
    "The Growth and Social Protection Strategy (GSPS) provides the framework for Dominica’s economic and social policies over the next five years.",
    "The GSPS sets out:",
    "Economic growth in Dominica was curtailed by a conjuncture of unfavorable developments, particularly with respect to trade.",
    "Underlying weaknesses in the economy included a reliance on one or two sectors.",
    "The lack of diversity exacerbated Dominica’s vulnerability to economic shocks.",
    "Strengthen the macroeconomic framework to support sustained growth.",
    "Promote an enabling environment for private enterprise.",
    "Implement sectoral strategies to diversify economic activity.",
    "Design and scale poverty reduction and social protection programs as core elements of the GSPS.",
    "Subject: Economic sectors, Education, Labor, Poverty, Poverty reduction strategy, Tourism",
    "Keywords: Caribbean, community development, CR, economic growth, financial support, Global, government development policy, ISCR, labour force, Poverty reduction strategy, private sector, Tourism",
    "**Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006**"
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