Fiscal Sustainability and Resource Mobilization in the Dominican Republic
36 Pages Posted: 28 Jan 2006
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: Suggested Citation
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