Dominican Republic; Staff Report for the 2009 Article IV Consultation and Request for a Stand-By Arrangement; Supplement to the Staff Report and Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion

This 2009 Article IV Consultation highlights that the Dominican Republic's economy has been adversely affected by the global crisis. Output has been below potential as real GDP growth is decelerating rapidly from more than 5 percent in 2008 to an estimated 0.5 percent to 1.5 percent in 2009. Monetary authorities have responded to the crisis in a timely manner. The authoritiesâ€™ program aims to limit the effects of the global slowdown on the economy while establishing the conditions for robust and sustainable growth.

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Year of publication:	2010-05-20
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Article IV consultation reports \| Balance of payments need \| Economic growth \| Economic indicators \| Extended arrangement requests \| External shocks \| Fiscal reforms \| Staff Reports \| central bank \| public debt \| current account \| external debt \| current account deficit \| fiscal policy \| balance of payments \| debt service \| fiscal consolidation \| public finances \| fiscal balance \| debt sustainability \| fiscal impulse \| tax administration \| external financing \| tax revenues \| fiscal deficit \| tax collections \| fiscal stimulus \| primary deficit \| fiscal expansion \| external public debt \| public sector debt \| public sector borrowing \| capital expenditure \| fiscal stance \| primary fiscal balance \| fiscal sustainability \| debt management \| private credit \| aggregate demand \| tax rates \| fiscal accounts \| fiscal losses \| fiscal response \| budget support \| fiscal targets \| capital expenditures \| external borrowing \| sovereign bonds \| debt stock \| reserve accumulation \| domestic currency \| fiscal consolidation efforts \| public external debt \| tax policy \| fiscal position \| external debt sustainability \| tax collection \| fiscal surplus \| current account balance \| fiscal program \| quasi-fiscal deficit \| debt analysis \| interest expenditure \| debt sustainability analysis \| long-term debt \| public debt management \| sovereign bond \| local debt \| repurchases \| external disbursements \| fiscal developments \| domestic financing \| debt ratio \| tax revenue \| fiscal consolidation effort \| debt dynamics \| official creditors \| short-term debt \| budget balances \| external shock \| public finance \| fiscal operations \| domestic debt \| external liabilities \| structural fiscal reforms \| tax incentives \| fiscal projections \| debt rescheduling \| fiscal risks \| government debt \| tax compliance \| liquidity injection \| accumulation of arrears \| long-term loan \| fiscal deficits \| fiscal authority \| total external debt \| long-term loans \| central government expenditure \| expansionary fiscal \| primary fiscal deficit \| expansionary fiscal stance \| budget deficit \| imf repurchases \| fiscal design \| domestic absorption \| currency mismatches \| external debt service \| tax base \| stock of debt \| debt contracts \| tax breaks \| central government expenditures \| fiscal data \| debt burden \| fiscal adjustment \| central government fiscal \| medium-term fiscal sustainability \| taxation \| tax evasion \| debt contract \| primary expenditure \| government expenditure \| tax administrations \| fiscal multiplier \| fiscal assumptions \| external loans \| government expenditures \| balance of payment \| public borrowing \| fiscal surpluses \| private banks \| structural fiscal \| private external debt \| external obligations \| fiscal issues \| debt management strategy \| government budget \| budget position \| fiscal loosening \| central government budget

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/135 10 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243654