Fiscal Sustainability and Resource Mobilization in the Dominican Republic

36 Pages Posted: 28 Jan 2006

See all articles by Oscar Melhado

Oscar Melhado

International Monetary Fund (IMF)

Date Written: January 2003

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.

Keywords: Dominican Republic, fiscal sustainability, resource mobilization

JEL Classification: E62, H20, H60

Suggested Citation

Melhado, Oscar, Fiscal Sustainability and Resource Mobilization in the Dominican Republic (January 2003). IMF Working Paper No. 03/19, Available at SSRN: https://ssrn.com/abstract=879094

Oscar Melhado (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

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