Dominica: Staff Report for the 1999 Article IV Consultation

February 15, 2000

Preview Citation

Format: Chicago

Dominica: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

Economic growth averaged about 2.5 percent a year in the 1990s, and the structure of the economy continued to move away from agriculture as the key banana sector contracted further. Broad money has continued to grow at a slightly higher rate than nominal GDP. At the same time, commercial banks expanded credit to the private sector at a fast pace during 1998–99. Executive Directors welcomed the authorities' plan to broaden the tax base by replacing a number of indirect taxes with a value-added tax.

Subject: Commercial banks, Credit bureaus, Economic sectors, External debt, Financial institutions, Financial markets, Public debt, Public sector

Keywords: Airport, Authorities PSIP, Caribbean, Commercial banks, CR, Credit bureaus, Fund staff, Government, Government saving, ISCR, Public sector, Staff appraisal, Staff raise

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/016
Stock No:

1DMAEA0012000
ISBN:

9781451810769
ISSN:

1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 00/08--IMF Concludes Article IV Consultation with Dominica and a statement by Mr. Bernes, Executive Director, on January 10, 2000.

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