Fiscal Sustainability and Resource Mobilization in the Dominican Republic

WPIEA0192003 Image
Price:  $15.00

Author/Editor: Oscar E. Melhado
Release Date: © January, 2003
ISBN : 978-1-45184-376-7
Stock #: WPIEA0192003
English
Stock Status: Available

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Description

This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: Working Papers


More publications by: Oscar E. Melhado