Dominica [electronic resource] : Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Dominica.
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TextSeries: IMF Staff Country Reports, Country Report ; No. 09/293Publication details: Washington, D.C. : International Monetary Fund, 2009Description: 1 online resource (42 p.)ISBN: 1451811004 :ISSN: 1934-7685Subject(s): Announcements | Economic Growth | Economic Indicators | Exogenous Shocks Facility | External Shocks | DominicaAdditional physical formats: Print Version:: Dominica : Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for DominicaOnline resources: IMF e-Library | IMF Book Store Abstract: This staff report highlights Dominica's Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility. Although macroeconomic policy has been prudent and well-oriented, it is important to maintain the reform momentum. In this context, the key policy challenges facing the authorities are to stem the decline in economic activity resulting from the global downturn and to maintain a sustainable fiscal stance given the high public debt, and to improve competitiveness and reduce vulnerabilities to exogenous shocks.
This staff report highlights Dominica's Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility. Although macroeconomic policy has been prudent and well-oriented, it is important to maintain the reform momentum. In this context, the key policy challenges facing the authorities are to stem the decline in economic activity resulting from the global downturn and to maintain a sustainable fiscal stance given the high public debt, and to improve competitiveness and reduce vulnerabilities to exogenous shocks.
Description based on print version record.
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