The Central Bank of the Dominican Republic hosted a closing meeting with the International Monetary Fund (IMF) mission to conclude the IMF’s “staff visit”, which gathered preliminary findings on economic performance and prospects in preparation for the next Article IV consultation planned for late 2025. The IMF mission indicated it projects Dominican Republic real GDP growth of 4.5% in 2025 and 5.1% in 2026. In the closing discussion, Governor Héctor Valdez Albizu highlighted that economic activity grew 5.0% in 2024 and that inflation has remained within the 4% ± 1% target band for the past 15 months, with year-on-year inflation at 3.56% in February 2025 and core inflation at 4.21%. IMF mission chief Emilio Fernández-Corugedo cited strong cooperation from public and private sector counterparts and pointed to a robust banking sector, with adequate capitalisation and high profitability. The IMF’s preliminary assessments from the staff visit are intended to feed into the Article IV review expected to take place towards the end of 2025.
Central Bank of the Dominican Republic 2025-03-18
Central Bank of the Dominican Republic concludes IMF staff visit ahead of the next Article IV review
The Central Bank of the Dominican Republic concluded an IMF staff visit, which gathered preliminary findings on economic performance ahead of the Article IV consultation in late 2025. The IMF projects real GDP growth of 4.5% in 2025 and 5.1% in 2026, while inflation remains within the target band. Governor Héctor Valdez Albizu noted 5.0% economic growth in 2024, and the IMF highlighted strong cooperation and a robust banking sector.