Dominica: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review
Volume/Issue:
Volume 2006
Issue 291
Publication date: August 2006
ISBN: 9781451810943
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Taxation - General , Public Policy - Social Services and Welfare , ISCR , CR , regime , VAT regime , administration regime , good-faith effort , private sector , financing assurances review , exchange rate , Value-added tax , Excises , Debt restructuring , Public sector , Caribbean
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Summary
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.
