The Dominican economy is more resilient to the effects of the global economic crisis than other countries in the Eastern Caribbean Currency Union, the International Monetary Fund said. However, IMF directors noted that the large externally funded projects in the country could slow down the decline of Dominica’s debt-to-GDP ratio.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.