## Dominica: Poverty Reduction Strategy Paper

_IMF Staff Country Reports, August 4, 2006_

## Source details

**Canonical URL:** [Dominica: Poverty Reduction Strategy Paper](https://www.imf.org/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515/bundle-manifest.json)

## Bibliographic details
- Published: August 4, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451810929.002

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### Overview and Objectives
- 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:
  - the macroeconomic framework;
  - the growth strategy, including the enabling environment for private enterprise and sectoral strategies;
  - poverty reduction and social protection programs.

### Key Findings
- 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.

### Policy Directions and Emphases
- 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 Areas and Keywords
- 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

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## Content in this bundle

- **Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006**
  - [Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06289.pdf.md){rel="alternate" type="text/markdown"}
  - [Dominica: Poverty Reduction Strategy Paper; IMF Country Report 06/289; August 1, 2006 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06289.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/dominica-poverty-reduction-strategy-paper-19515_