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Fiscal Sustainability and Resource Mobilization in the Dominican Republic

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  • Mr. Oscar E Melhado Orellana

Abstract

This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.

Suggested Citation

  • Mr. Oscar E Melhado Orellana, 2003. "Fiscal Sustainability and Resource Mobilization in the Dominican Republic," IMF Working Papers 2003/019, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:2003/019
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16271
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    References listed on IDEAS

    as
    1. Howell H Zee & Vito Tanzi, 2001. "Tax Policy for Developing Countries," IMF Economic Issues 27, International Monetary Fund.
    2. Mr. Garry J. Schinasi & Mr. Mark Scott Lutz, 1991. "Fiscal Impulse," IMF Working Papers 1991/091, International Monetary Fund.
    3. Mr. Vito Tanzi & Mr. Howell H Zee, 2001. "Tax Policy for Developing Countries," IMF Economic Issues 2001/001, International Monetary Fund.
    4. International Monetary Fund, 2001. "Mexico: Selected Issues," IMF Staff Country Reports 2001/191, International Monetary Fund.
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    Cited by:

    1. Paunovic, Igor, 2005. "Public debt sustainability in the northern countries of Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    2. Hector Cury & Glenn Jenkins & CHUN-YAN KUO, 2004. "Fiscal Adjustment for Sustainable Growth in the Dominican Republic," Development Discussion Papers 2004-01, JDI Executive Programs.
    3. Cruz-Rodriguez, Alexis, 2013. "La END, el plan nacional plurianual del sector público y la sostenibilidad fiscal en la República Dominicana [The Dominican National Development Strategy (END), the National Multi-Year Public Secto," MPRA Paper 49376, University Library of Munich, Germany.
    4. Ayumu Yamauchi, 2004. "Fiscal Sustainability: The Case of Eritrea," IMF Working Papers 2004/007, International Monetary Fund.
    5. Glenn Jenkins & CHUN-YAN KUO & Andrey Klevchuk, 2007. "Diagnosis of Indirect Taxes and the Taxation of International Trade in the Dominican Republic," Development Discussion Papers 2007-01, JDI Executive Programs.

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