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Dominica: Staff Report for the 1999 Article IV Consultation

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  • International Monetary Fund

Abstract

Economic growth averaged about 2.5 percent a year in the 1990s, and the structure of the economy continued to move away from agriculture as the key banana sector contracted further. Broad money has continued to grow at a slightly higher rate than nominal GDP. At the same time, commercial banks expanded credit to the private sector at a fast pace during 1998–99. Executive Directors welcomed the authorities' plan to broaden the tax base by replacing a number of indirect taxes with a value-added tax.

Suggested Citation

  • International Monetary Fund, 2000. "Dominica: Staff Report for the 1999 Article IV Consultation," IMF Staff Country Reports 2000/016, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2000/016
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3418
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    Cited by:

    1. Robert M. Stern, 2011. "Trade in Financial Services—Has the IMF been Involved Constructively?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(1), pages 65-92, February.

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