Dominica’s debt is sustainable, but the country remains at high risk of debt distress with elevated levels of public and external debt. The COVID-19 pandemic compounded preexisting debt sustainability challenges, as the economy was still recovering from back-to-back natural disasters in 2015 and 2017. Public debt peaked at 106 percent of GDP in 2020. The authorities remain committed to the fiscal consolidation plan committed to in the 2020 IMF Rapid...
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INFORMATION
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2022/05/01
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Rapport aux Administrateurs
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171731
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1
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1
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2022/05/23
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Disclosed
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Dominica - Joint World Bank-IMF Debt Sustainability Analysis
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natural disaster