Economic
World Bank approves $24 million to boost Dominica’s fiscal stability
The World Bank has approved a US$24 million Development Policy Credit to support Dominica’s efforts to strengthen fiscal stability, disaster resilience, and financial sector oversight.
The World Bank has approved a US$24 million Development Policy Credit for Dominica to strengthen domestic revenues, boost financial sector resilience, and enhance disaster preparedness. The financing supports the Dominica Strengthening Fiscal and Climate Resilience Programmatic Development Policy Credit, aligning with national strategies to manage high public debt and climate risks. The package also advances reforms in excise taxation, financial institution oversight, and climate‑resilient infrastructure planning, helping Dominica maintain fiscal discipline while protecting its biodiversity and tourism‑driven economy.
- Status
- active
- Location
- Dominica
- Date added
- 2026-04-11 10:33 UTC
- Added by
- bodglobalapdrt
- Last updated
- Source
- Caribbean National Weekly
- Source published dsate/time
- Not provided
- Event date/time
- Not provided
- Connected threats
- Not provided