{
  "title": "Dominica: 2025 Article IV Consultation-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, June 12, 2025",
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  "summary": "The 2025 Article IV Consultation highlights that Dominica’s economic outlook is positive, predicated on the implementation of the country’s economic modernization and development agenda, but risks weigh on the downside. Real gross domestic product (GDP) grew by 3.",
  "sections": [
    {
      "heading": "Macroeconomic outlook and recent performance",
      "content": "- Real gross domestic product (GDP) grew by 3.5 percent in 2024, supported by a recovery in tourism and targeted development investment to boost economic capacity and competitiveness.\n- The economic outlook is described as positive, predicated on the implementation of the country’s economic modernization and development agenda.\n- Risks to the outlook are assessed as weighing on the downside."
    },
    {
      "heading": "Fiscal and external position",
      "content": "- Fiscal and external imbalances are expected to narrow gradually.\n- Public debt has steadily declined from its pandemic peak but remains elevated at 100 percent of GDP.\n- The report states that more ambitious consolidation is needed to:\n  - Bring debt below the prudential currency union benchmark.\n  - Mitigate disaster risks.\n  - Support resilient growth."
    },
    {
      "heading": "Structural reform priorities",
      "content": "- Structural reforms are identified as critical to fostering resilient and sustainable growth.\n- Priority policy areas listed include:\n  - Alleviating impediments to financial intermediation.\n  - Improving labor market performance.\n  - Enhancing innovation and allocative efficiency.\n- The report calls for concerted efforts to bolster institutional frameworks to mitigate risks and support surveillance, economic planning, and policy execution."
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      "content": "- Subject areas: Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public sector.\n- Keywords include: 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.\n- Publication Details:\n  - Pages: 93\n  - Volume: 2025\n  - Issue: 130\n  - Series: Country Report No. 2025/130\n  - DOI: https://doi.org/10.5089/9798229013840.002\n  - Stock No: 1DMAEA2025001\n  - ISBN: 9798229013840\n  - ISSN: 1934-7685\n\nSource: Dominica: 2025 Article IV Consultation-Press Release; and Staff Report, IMF Staff Country Reports 2025, 130 (Country Report No. 2025/130), Pages: 93, DOI: https://doi.org/10.5089/9798229013840.002.\n\n---\n\n Content in this bundle\n\n- 1dmaea2025001-print-pdf\n  - 1dmaea2025001-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1dmaea2025001-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 12, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229013840.002",
    "Real gross domestic product (GDP) grew by 3.5 percent in 2024, supported by a recovery in tourism and targeted development investment to boost economic capacity and competitiveness.",
    "The economic outlook is described as positive, predicated on the implementation of the country’s economic modernization and development agenda.",
    "Risks to the outlook are assessed as weighing on the downside.",
    "Fiscal and external imbalances are expected to narrow gradually.",
    "The report states that more ambitious consolidation is needed to:",
    "Structural reforms are identified as critical to fostering resilient and sustainable growth.",
    "Priority policy areas listed include:",
    "The report calls for concerted efforts to bolster institutional frameworks to mitigate risks and support surveillance, economic planning, and policy execution.",
    "Subject areas: Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public sector.",
    "Keywords include: 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:",
    "**1dmaea2025001-print-pdf**"
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