IMF delegation arrives in Dominica as Tropical Strom Erika bills increase

ROSEAU, Dominica (CMC) – A mission from the International Monetary Fund (IMF) has arrived in Dominica to assist the government develop- a macro-economic framework in the aftermath of Tropical Storm Erika last month that resulted in losses and damages estimated at EC$1.298 billion (One EC dollar =US$0.37 cents), Prime Minister Roosevelt Skerrit has announced.

In a radio and television broadcast on Tuesday night, Skerrit said that the IMF delegation, will during its stay here “review and update the island’s macro-economic framework.

“The mission will assist government in preparing a framework that will take into account the significant level of investment that government must make and establish a plan that will guide fiscal operations.”

Rad more at: Jamaica Observer