IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2026-117.html

Dominica: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominica

Author

Listed:
  • International Monetary Fund

Abstract

The 2026 Article IV Consultation discusses that Dominica faces persistent fiscal and external imbalances, high public debt, and significant vulnerabilities arising from natural disasters, a narrow economic base, and heavy reliance on citizenship-by-investment (CBI) revenues. Although growth has been supported by large infrastructure projects, medium-term growth is projected to moderate, while inflation and current account pressures are expected to gradually ease. Public debt is forecast to decline only slowly, remaining above the regional benchmark amid risks from geopolitical tensions, uncertain CBI inflows, and climate-related shocks. Strengthening fiscal resilience requires broader domestic revenue mobilization, more efficient public spending, and prioritization of high-return investments to reduce debt vulnerabilities. Financial sector reforms should enhance credit intermediation through stronger regulation and oversight of credit unions. Structural reforms aimed at improving trade connectivity, digitalization, education and skills development, and institutional capacity are essential to boost productivity, competitiveness, and long-term resilience. Enhanced fiscal governance and stronger economic data systems would further improve policy effectiveness, transparency, and sustainable economic growth.

Suggested Citation

  • International Monetary Fund, 2026. "Dominica: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominica," IMF Staff Country Reports 2026/117, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2026/117
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=576479
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2026/117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.