European Parliament Library

Dominica :, 2010 Article IV Consultation: Staff Report; Staff Supplement and Public Information Notice on the Executive Board Discussion

The Dominican economy has been more resilient to the global crisis than other ECCU countries. Executive Directors welcomed the Growth and Social Protection Strategy, which is aimed at fostering growth and reducing poverty while lowering public debt. Directors also welcomed the authorities’ regional approach to address the collapse of the Trinidad and Tobago-based CL Financial Group. They encouraged the authorities to reduce the debt-to-GDP ratio to respond to external shocks. Directors commended the prudent fiscal policy stance and stressed the importance of strengthening the financial sector
Table Of Contents
Cover; Contents; Executive Summary; I. Economic and Political Context; II. Recent Developments and Outlook; III. Policy Discussions; A. Fiscal Policy and Reforms; B. Financial Sector Policies; C. Medium-Term Outlook; D. Statistical Issues; IV. Staff Appraisal; Appendices; I. Impact of the Global Crisis on the Eastern Caribbean Currency Union; II. Exchange Rate and Competitiveness Assessment; III. Debt Sustainability Analysis; IV. Debt Management; Tables; 1. Selected Economic and Social Indicators; 2. Summary Accounts of the Central Government; 3. Summary Accounts of the Central Government
Literary Form
non fiction
"August 2010"
Physical Description
1 online resource (66 p.)
Specific Material Designation
Form Of Item

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