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Dm Economic Social Review 20

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Dm Economic Social Review 20 Table of Contents LIST OF FIGURES ................................................................................................ 2 LIST OF TABLES ................................................................................................. 2 LIST OF ACROYMNS AND ABBREVIATIONS ......................................................... 3 FOREWORD ......................................................................................................... 6 INTRODUCTION ................................................................................................... 7 CHAPTER 1 – MACRO-ECONOMIC STABILITY AND FISCAL MANAGEMENT ........ 12 GLOBAL ECONOMIC DEVELOPMENTS .................................................................................... 12 REGIONAL ECONOMIC DEVELOPMENTS ............................................................................... 13 SUMMARY OF DOMESTIC DEVELOPMENTS ......................................................................... 13 Economic Performance ................................................................................................................ 13 Fiscal Developments .................................................................................................................... 27 CHAPTER 2 – REAL SECTOR DEVELOPMENTS .................................................. 32 ENERGY ............................................................................................................................................... 34 TOURISM ............................................................................................................................................. 37 URBAN RENEWAL ............................................................................................................................ 42 EMPLOYMENT AND JOB CREATION ......................................................................................... 43 MANUFACTURING, SMALL BUSINESS AND ENTERPRISE ............................................... 45 CHAPTER 3 – SOCIAL SECTOR DEVELOPMENTS ............................................... 49 HOUSING STANDARDS .................................................................................................................. 50 EDUCATION ........................................................................................................................................ 53 HEALTH ................................................................................................................................................ 67 COOPERATIVES DEVELOPMENT ............................................................................................... 70 YOUTH DEVELOPMENT ................................................................................................................. 72 SPORTS DEVELOPMENT ............................................................................................................... 74 CHAPTER 4 – STRATEGIES FOR POVERTY REDUCTION AND SOCIAL PROTECTION .................................................................................................... 79 SOCIAL PROTECTION ..................................................................................................................... 80 SOCIAL SPENDING .......................................................................................................................... 82 CHILD PROTECTION ....................................................................................................................... 84 INFRASTRUCTURE AND LIVELIHOODS ENHANCEMENT ................................................. 85 1 CHAPTER 5 –ENVIRONMENT AND VULNERABILITY MANAGEMENT ................... 92 FORESTRY .......................................................................................................................................... 92 DISASTER VULNERABILITY REDUCTION PROJECT (DVRP) ............................................ 95 THE GREEN CLIMATE FUND .................................................................................. 106 CHAPTER 6 – SPECIAL FOCUS AREAS ............................................................. 109 GENDER EQUALITY ....................................................................................................................... 109 PROMOTION AND PRESERVATION OF CULTURE .............................................................. 113 INDIGENOUS COMMUNITY DEVELOPMENT ....................................................................... 114 NATIONAL SECURITY AND JUSTICE ...................................................................................... 116 BILATERAL AND MULTILATERAL RELATIONS .................................................................... 128 PUBLIC SECTOR MODERNIZATION ........................................................................................ 132 PURSUING THE SUSTAINABLE DEVELOPMENT GOALS FOR SOCIAL ECONOMIC AND ENVIRONMENTAL TRANSFORMATION ........................................................................ 141 CHAPTER 7 – MAJOR POLICY ISSUES AND DIRECTION .................................. 142 SUSTAINING ECONOMIC GROWTH ......................................................................................... 142 ADDRESSING FISCAL AND DEBT SUSTAINABILITY ......................................................... 146 ADDRESSING CLIMATE-RELATEDVULNERABILITIES ..................................................... 149 SUMMARY AND CONCLUSION .......................................................................... 155 LIST OF FIGURES Figure 1: Monthly Capital Expenditure 2017/2018 and 2016/2017 .................................. 26 Figure 2: Capital Expenditure by Source of Funds 2017/2018 and 2016/2017 ............ 27 Figure 3: Current Expenditure – Budgeted versus Projected ................................................. 30 Figure 4: Dominica’s Educational Pass Rates- Region Comparative Analysis.................. 56 LIST OF TABLES Table 1: PSIP Approved Budget, Actual expenditure and Implementation Ratios .......... 19 Table 2: Rate of implementation of Growth Enhancing Projects FY 2017/2018 ............. 22 Table 3: Fiscal outturn for 2017/18 (budget and projected outturn) .................................. 28 Table 4: Portfolio of Business Applications .................................................................................. 46 Table 5: School enrolment figures ................................................................................................... 53 Table 6: Matrix of Donor Support for Rehabilitation and Construction of Schools ........ 60 2 LIST OF ACROYMNS AND ABBREVIATIONS AFD L’Agence Française de Développement AID Bank Agricultural Industrial and Development Bank BNTF Basic Needs Trust Fund CARICOM Caribbean Community CCSLC Caribbean Certificate of Secondary Level Competence CDB Caribbean Development Bank CDEMA Caribbean Disaster Emergency Management Agency CERC Contingency Emergency Response Component CSEC Caribbean Secondary Education Certificate CXC Caribbean Examination Council DAIC Dominica Association of Industry and Commerce DASPA Dominica Air and Sea Port Authority DBF Dominica Business Forum DCTAI Dominica Community Tourism Association Inc. DEXIA Dominica Export Import Agency DFID Department for International Development DGDC Dominica Geothermal Development Company Ltd DGS Dominica Grammar School DMA Dominica Manufacturing Association DOMLEC Dominica Electrical Services DVRP Disaster Vulnerability Reduction Project DYBT Dominica Youth Business Trust EaSR Economic and Social Review ECCU Eastern Caribbean Currency Union ECD Early Childhood Development ECPCGC East Caribbean Partial Credit Guarantee Corporation EDP Entrepreneurship Development Program EIS Environmental Impact Statement ELP Early Learners Programme EPTD Establishment, Personnel and Training Department FIBA International Basketball Federation FIVB Fédération Internationale de Volleyball FWPD Forestry, Wildlife and Parks Division GBV Gender-Based Violence GDP Gross Domestic Product GOCD Government of the Commonwealth of Dominica GSPS Growth and Social Protection Strategy GSS Goodwill Secondary School 3 HFLE Health and Family Life Education HR Human Resource ICC International Cricket Council IEC Information, Education and Communication IFRC International Federation of the Red Cross ISA International Solar Alliance IsraAID Israel Forum for International Humanitarian Aid ITEC Indian Technical and Economic Cooperation ITSS Isaiah Thomas Secondary School JICA Japan International Cooperation Agency JICS Japan International Cooperation KBA Kalinago Barana Aute KRA Key Result Area LPO Local Purchase Order MHMT Maria Holder Memorial Trust MSE Micro and Small Enterprise MSME Micro, Small and Medium Size Enterprises NDFD National Development Foundation of Dominica NGO Non-Governmental Organization NRDS National Resilience Development Strategy OAS Organization of American States OECS Organisation of Eastern Caribbean States PCSS Pierre Charles Secondary School PDNA Post-disaster Needs Assessment PRC People's Republic of China PSTC Public Service Training Centre RBEC Rural Business Enterprise Centres REACH Reaching Elderly Abandoned Citizens Homebound SBA School Based Assessment SBAF Small Business Assistance Facility SEOP School Emergency Operations Plan SMA St Mary's Academy SME Small and Medium Size Enterprises SRH Sexual and Reproductive Health SSMR Soufriere/Scotts Head Marine Reserve TVET Technical and Vocational Training and Education UK United Kingdom UN United Nations UNDP United Nations
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