Dominica: Seventh Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review
Volume/Issue:
Volume 2007
Issue 001
Publication date: January 2007
ISBN: 9781451810950
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Topics covered in this book
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Business and Economics , Labor , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , authority , PRGF arrangement , completion of the review , PRGF , discussion of Dominica , commendable commitment , private sector , Debt restructuring , Value-added tax , Structural reforms , Caribbean
Summary
This paper discusses key findings of the Seventh Review Under the Poverty Reduction and Growth Facility (PRGF) for Dominica. Policy implementation under the program has remained strong. All end-June 2006 performance criteria were met, and all indicative targets for end-June and end-September were met with comfortable margins. Progress has been made on the structural benchmarks for the Seventh Review. Fiscal performance in FY2005/06 was commendably strong, and the FY2006/07 budget reflects a continuation of strong fiscal policies.
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