Dominica Budget 2026 Live: Key Announcements, Tax Measures & Development Plans

Dominica Budget 2026 Live: Economy grows 4.5% in 2025, outpacing global (3.5%) and ECCU (3%) averages

Finance Minister Dr. Irving McIntyre announced that Dominica's economy outperformed both global and regional averages and highlighted the country's resilience despite global economic challenges.

Citing data from the International Monetary Fund (IMF), Dr. McIntyre said global economic growth is estimated at 3.5% in 2025 while the Eastern Caribbean Central Bank (ECCB) projected 3% growth for the Eastern Caribbean Currency Union (ECCU).

In comparison, Dominica recorded 3.5% economic growth in 2024, with growth accelerating to an estimated 4.5% in 2025, surpassing both the global and ECCU averages.

The minister attributed the strong performance to an 18.3% increase in visitor arrivals, alongside robust expansion in the construction, wholesale and retail trade sectors.

Despite ongoing global price shocks and trade policy uncertainties, Dr. McIntyre noted that global inflation averaged 4.1% in 2025, while inflation across the ECCU stood at 2.5%.

In Dominica, however, inflation remained lower at 2.3%, easing from 3.1% in the previous year, as international goods prices softened, providing some relief to consumers.

Dominica Budget 2026 Live: Finance Minister Dr. Irving McIntyre unveils Budget theme

ROSEAU, Dominica: Minister for Finance Dr. Irving McIntyre has officially unveiled the theme for Dominica's 2026-2027 National Budget as he began presenting the government's fiscal policy in the House of Assembly.

The budget theme is:

"Protecting Our Progress, Strengthening Our Independence, and Securing Our Future."

Dr. McIntyre said the theme reflects the government's commitment to safeguarding the country's achievements while reinforcing national resilience and independence and laying the foundation for a secure and prosperous future for all Dominicans.

Dominica Budget 2026 Live: President Sylvanie Burton opens House sitting with Presidential Address

President Sylvanie Burton has officially opened the House of Assembly with her Presidential Address, marking the commencement of Dominica's 2026-2027 National Budget proceedings.

Following the President's address, Minister of Finance Dr. Irving McIntyre is expected to present the government's budget, outlining its fiscal priorities and development agenda for the upcoming financial year.