Dominica: 2023 Article IV Consultation-Press Release; and Staff Report for Dominica
Electronic Access:
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Summary:
The economy is recovering gradually but faces headwinds from the cost-of-living crisis, more limited policy space, and more frequent and costly climate shocks. Tourism rebounded in the second half of last year, but scarring effects from the pandemic, on the heels of large natural disasters, could prove significant considering lengthy school closures, the deep GDP contraction and associated erosion of fiscal space. Dominica’s climate adaptation and modernization agenda is driving growth, with priority being given to construction of a geothermal energy plant and a new international airport.
Series:
Country Report No. 2023/246
Subject:
Credit External debt Fiscal policy Fiscal stance International organization Monetary policy Money Public debt Revenue administration
Frequency:
regular
English
Publication Date:
July 5, 2023
ISBN/ISSN:
9798400247699/1934-7685
Stock No:
1DMAEA2023001
Format:
Paper
Pages:
77
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