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

August 4, 2006

Preview Citation

Format: Chicago

Dominica: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review, (USA: International Monetary Fund, 2006) accessed September 27, 2024

Summary

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.

Subject: Asset and liability management, Credit, Debt restructuring, Economic sectors, Excises, Public debt, Public sector, Taxes, Value-added tax

Keywords: Administration regime, Caribbean, CR, Debt restructuring, Exchange rate, Excises, Financing assurances review, Good-faith effort, ISCR, Private sector, Public sector, Regime, Value-added tax, VAT regime

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/291
Stock No:

1DMAEA2006003
ISBN:

9781451810943
ISSN:

1934-7685

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