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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2006. "Dominica: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review," IMF Staff Country Reports 2006/291, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/291
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    Cited by:

    1. Cavalcanti, Carlos, 2007. "Reducing the transaction costs of development assistance Ghana's multi-donor budget support (MDBS) experience from 2003 to 2007," Policy Research Working Paper Series 4409, The World Bank.

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