IMF Outlook: Finance Minister Dr. Irving McIntyre told Parliament the IMF forecasts Dominica’s economy will grow 3.1% in 2026, building on an estimated 4.5% expansion in 2025 driven by tourism, construction and trade. Budget Messaging: Dominica’s Ambassador to Cuba, Ian Douglas, called the 2026/27 national budget “well-crafted,” saying tax cuts and concessions are meant to cushion households from global shocks like conflict and higher oil prices. Income Tax Overhaul: The government announced major personal tax reform: a 10% flat income tax rate from Jan 1, 2027, replacing the current 15%/25%/35% tiers, with no personal income tax for those earning EC$30,000 or less. Energy Milestone: Dominica became the first CARICOM country to generate electricity from its own geothermal resources, with the plant nearing full commercial operation and regulators set to monitor performance for real-world price impacts. CBI Under Pressure: Government defended its Citizenship by Investment programme in the budget debate, while acknowledging rising international scrutiny and stressing the economy can’t rely on CBI alone. US Visa Bonds: The US made its permanent visa bond programme effective Aug 3, with Dominica among affected countries; consular officers may require refundable bonds up to US$20,000 for certain B1/B2 applicants. Labour Risk From El Niño: The ILO warned the 2026–2027 El Niño could disrupt jobs across the Caribbean and Latin America, especially in informal, rural and outdoor work. Local Business & Skills: A record 701 agrifood companies joined a regional matchmaking event generating US$25.5m in new opportunities, while youth entrepreneur support continues with the MAANZ Studentpreneur showcase and marketplace.