Dominican Republic : Fourth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criterion; Staff Report; Informational Annex; Press Release on the Executive Board Discussion.

In this study, owing to the global financial crisis, a Stand-By Arrangement (SBA) for the Dominican Republic was approved. The aim is to limit the procyclical policies in the short-term and discussions focused on policies necessary to ensure that the end-2011 and 2011 targets are observed. Administr...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2011.
Serier:IMF Staff Country Reports; Country Report ; No. 2011/177
Online adgang:Full text available on IMF
Beskrivelse
Summary:In this study, owing to the global financial crisis, a Stand-By Arrangement (SBA) for the Dominican Republic was approved. The aim is to limit the procyclical policies in the short-term and discussions focused on policies necessary to ensure that the end-2011 and 2011 targets are observed. Administrative measures such as proindustria, withholding income tax, and indexation of specific tax are estimated to increase revenues. The conditional cash program 'Solidaridad' is explained. Finally, various issues under the financial program are discussed.
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Fysisk beskrivelse:1 online resource (81 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students