DOMINICAN REPUBLIC
Analyst
Magdalena Lizardo
Former Adviser, Ministry of Economy, Planning and DevelopmentDatabanks
Recent Country Insights
Government announces pro-growth measures and policies to mitigate effects of international economic crisis
DOMINICAN REPUBLIC · Report · 12 Jun 2026
After months of consultations with productive sectors and political leaders, the Dominican government announced that it will submit to Congress a bill aimed at increasing government revenues by between DOP 40 billion and DOP 50 billion. These measures, together with the expenditure control act...
Robust external performance and moderate growth, with rising inflation and oil shock risks
DOMINICAN REPUBLIC · Report · 05 Jun 2026
The Dominican economy maintained a favorable performance through April 2026, although signs of moderation have begun to emerge. Economic activity expanded by 4% y/y during January–April, supported by sectors such as mining, tourism, education and financial services. Employment kept growing, but t...
Government Suspends Activities at the Romero Mining Project
DOMINICAN REPUBLIC · In Brief · 06 May 2026
Responding to social pressure in the province of San Juan de la Maguana against the development of the Romero mining project, President Luis Abinader decided on May 4 to suspend all activities related to the initiative. The project has been promoted by the Canadian mining company GoldQuest Mining...
Economic activity resilient -- at least for now
DOMINICAN REPUBLIC · Report · 04 May 2026
The Dominican economy strengthened in Q1 2026, with growth accelerating from 2.2% in 2025 to 4.1%, supported by a gradual decline in inflation toward the 4% target. Headline inflation moderated to 4.63% in March. This performance reflects strong external inflows and improved financial conditio...
BCRD keeps its policy rate at 5.25% per year and projects economic growth between 3.5% and 4.0% in 2026
DOMINICAN REPUBLIC · In Brief · 31 Mar 2026
In light of the increased global uncertainty associated with the escalation of the war in the Middle East, the Central Bank decided to keep the policy interest rate unchanged at 5.25% per year. The rate on the permanent liquidity expansion facility (1-day repos) remains at 5.75%, while the rate o...
Dominican government reiterates readiness to face the impact of the war with Iran, while warning that sacrifices will be necessary
DOMINICAN REPUBLIC · In Brief · 23 Mar 2026 · 1 response
Yesterday, President Luis Abinader addressed the nation to reiterate the main points discussed at the Council of Government meeting on March 19. He noted that the war with Iran represents a significant external shock for the Dominican economy, given that the country is a net importer of energy. I...
Balancing growth, inflation and external risks, amid geopolitical uncertainty
DOMINICAN REPUBLIC · Report · 23 Mar 2026
Macroeconomic indicators as of February suggest that the Dominican economy is gradually recovering from its weak 2025 performance, when growth fell to one of its lowest levels of the past three decades. Economic activity expanded by 3.5% y/y in January 2026, while inflation eased to 4.67% y/y ...
The Central Bank keeps the monetary policy rate unchanged in March 2026
DOMINICAN REPUBLIC · In Brief · 25 Feb 2026
The monetary policy rate will remain at 5.25% per year, according to the Central Bank's decision adopted today. The rate on the permanent liquidity expansion facility (1-day repos) remains at 5.75% per year, while the rate on remunerated deposits (overnight) continues at 4.50% per year. The Centr...
Signs of slowing economic activity and rising inflationary pressures persist
DOMINICAN REPUBLIC · Report · 23 Feb 2026 · 1 response
The economic policy environment is particularly challenging, given 2025’s 2.1% growth rate, and December and January y/y inflation at close to the upper limit of the 3%-5% target range. This situation leads to a monetary policy stance that seeks to avoid generating inflationary pressures, while a...