Dominica : Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review

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Release Date: © August, 2006
ISBN : 978-1-45181-094-3
Stock #: 1DMAEA2006003
Stock Status: On back-order

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Dominica showed a commendable progress under the Poverty Reduction and Growth Facility (PRGF) program. Executive Directors welcomed the strong macroeconomic performance, fiscal adjustment, and collaborative debt restructuring effort. They appreciated the introduction of a value-added tax (VAT) and an excise tax and stressed the need for the implementation of robust structural reforms to promote a sustained strong growth and poverty reduction. They agreed that the strong implementation of the policies under the program will help balance the risks and provide adequate performance.


Balance of payments , Consumption , Current account , Economic development , Economic policy , Fiscal policy , IMF governance and operations , Operations , Performance Criteria , Stand-by Arrangements

More publications in this series: IMF Staff Country Reports