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Dominica: Use of Fund Resources: Request for Emergency Assistance: Staff Report; and Press Release on the Executive Board Discussion

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  • International Monetary Fund

Abstract

Dominica was struck by Hurricane Dean during August 16–17, 2007. A recent earthquake also underscores the vulnerability of the economy to natural disasters. Output growth slowed during the first half of 2007 as tourist arrivals stagnated across the region. Inflation was 3½ percent in July, reflecting higher energy and imported food prices. Structural reforms have continued after the expiration of the poverty reduction growth facility (PRGF) arrangement. The fiscal impact of the hurricane would be largely on the expenditure side.

Suggested Citation

  • International Monetary Fund, 2008. "Dominica: Use of Fund Resources: Request for Emergency Assistance: Staff Report; and Press Release on the Executive Board Discussion," IMF Staff Country Reports 2008/118, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2008/118
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    Cited by:

    1. Roman Mogilevsky & Anara Omorova, 2011. "Assessing Development Strategies to Achieve the MDGs in Asia. Macroeconomic Strategies of MDG Achievement in the Kyrgyz Republic," CASE Network Reports 0095, CASE-Center for Social and Economic Research.

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