Dominica: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review
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Summary:
This paper examines the First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility for Dominica. The authorities were encouraged by the stronger-than-envisaged performance, but considered it premature to change the macroeconomic framework. The recent encouraging developments on the growth front enhanced the credibility of the macroeconomic framework and increased the chances of success. The authorities embraced the ambitious structural reform agenda as a necessary course of action to address the complex problems faced by Dominica.
Series:
Country Report No. 2004/144
Subject:
Asset and liability management Commercial banks Credit Debt restructuring Financial institutions Money Poverty Poverty reduction strategy Public debt
English
Publication Date:
May 18, 2004
ISBN/ISSN:
9781451810868/1934-7685
Stock No:
1DMAEA0042004
Pages:
42
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