## Dominica: 2025 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, June 12, 2025_

## Source details

**Canonical URL:** [Dominica: 2025 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2025/06/12/dominica-2025-article-iv-consultation-press-release-and-staff-report-567677)

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## Bibliographic details
- Published: June 12, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229013840.002

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### Macroeconomic outlook and recent performance
- 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 position
- Fiscal and external imbalances are expected to narrow gradually.
- Public debt has steadily declined from its pandemic peak but remains elevated at 100 percent of GDP.
- The report states that more ambitious consolidation is needed to:
  - Bring debt below the prudential currency union benchmark.
  - Mitigate disaster risks.
  - Support resilient growth.

### Structural reform priorities
- Structural reforms are identified as critical to fostering resilient and sustainable growth.
- Priority policy areas listed include:
  - Alleviating impediments to financial intermediation.
  - Improving labor market performance.
  - Enhancing innovation and allocative efficiency.
- The report calls for concerted efforts to bolster institutional frameworks to mitigate risks and support surveillance, economic planning, and policy execution.

### Publication metadata and scope
- 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:
  - Pages: 93
  - Volume: 2025
  - Issue: 130
  - Series: Country Report No. 2025/130
  - DOI: https://doi.org/10.5089/9798229013840.002
  - Stock No: 1DMAEA2025001
  - ISBN: 9798229013840
  - ISSN: 1934-7685

*Source: 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.*

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_Source: https://www.imf.org/en/publications/cr/issues/2025/06/12/dominica-2025-article-iv-consultation-press-release-and-staff-report-567677_