Dominica: Staff Report for the 1999 Article IV Consultation
Electronic Access:
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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.
Series:
Country Report No. 2000/016
Subject:
Commercial banks Credit bureaus Economic sectors External debt Financial institutions Financial markets Public debt Public sector
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.
English
Publication Date:
February 15, 2000
ISBN/ISSN:
9781451810769/1934-7685
Stock No:
1DMAEA0012000
Pages:
53
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