Dominica Budget Address For the Fiscal year 2006/2007:Enhancing the Investment Climate

Macroeconomic performance remained strong in 2005 and into the first months of this calendar year, despite some areas of weakness. The economy continued to grow, with real GDP growing at about 3.5 percent to yield the second straight year of higher-than-average growth. This was evidenced by strong domestic demand, high consumer imports, higher than projected tax revenues, and an increase in credit provided by commercial banks.