## Dominica: 2008 Article IV Consultation Staff Report; Staff Supplement; Staff Statement and Public Information Notice on the Executive Board Discussion: 2008 Article IV Consultation—Staff Report; Staff Supplement; Staff Statement, and Public Information Notice on the Executive Board Discussion

_IMF Staff Country Reports, September 22, 2008_

## Source details

**Canonical URL:** [Dominica: 2008 Article IV Consultation Staff Report; Staff Supplement; Staff Statement and Public Information Notice on the Executive Board Discussion: 2008 Article IV Consultation—Staff Report; Staff Supplement; Staff Statement, and Public Information Notice on the Executive Board Discussion](https://www.imf.org/en/publications/cr/issues/2016/12/31/staff-report-for-the-2008-article-iv-consultation-22370)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/staff-report-for-the-2008-article-iv-consultation-22370/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/staff-report-for-the-2008-article-iv-consultation-22370/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/staff-report-for-the-2008-article-iv-consultation-22370/bundle-manifest.json)

## Bibliographic details
- Published: September 22, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451810998.002

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### External competitiveness and macroeconomic assessment
- The real effective exchange rate is broadly in line with macroeconomic fundamentals.
- Subject areas identified: Balance of payments; Current account deficits; External debt; Factor cost; GDP deflator; GDP ratio.

### Fiscal policy and public debt
- Fiscal policy is appropriately focused on reducing high public debt.
- Recommendation: Plans to finance development should be implemented with a view to maintaining the sustainability of public debt.
- Subject areas identified: Fiscal policy; Public debt; Taxes; Income and capital gains taxes; Income tax systems.

### Tourism development and infrastructure
- Plans for developing the tourist sector, including improving air access and roads to tourist attractions, are well advanced.
- Financing guidance: Such plans should be financed with a view maintaining the sustainability of public debt.

### Financial sector, business climate, and disaster preparedness
- Authorities rightly emphasize improving the business climate.
- Authorities rightly emphasize strengthening regulation and supervision of the financial sector.
- Authorities rightly emphasize improving disaster preparedness.

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## Content in this bundle

- **_cr08310 - Executive Summary**
  - [_cr08310 - Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08310.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr08310 - Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08310.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/staff-report-for-the-2008-article-iv-consultation-22370_