The Central Bank of the Dominican Republic published an update on its meeting with the International Monetary Fund’s Article IV mission, led by Ricardo Llaudes, where the central bank and the Ministry of Finance and Economy presented their assessment of recent economic developments and reaffirmed a commitment to close coordination between monetary and fiscal policy. The central bank reported year-on-year growth of 2.9% in July and cumulative growth of 2.4% over January–July 2025, linking the 2025 moderation to a turbulent international environment and elevated uncertainty affecting consumption and investment. It projected growth of around 3.0% in 2025 and 4.0% to 5.0% in 2026, with 2025 foreign direct investment expected to exceed USD 4.8bn and foreign exchange generation projected at about USD 46.16bn. Llaudes noted that external uncertainty is expected to continue into next year and pointed to the inflation-targeting framework as having kept inflation around the target range with expectations anchored, while liquidity-expansion measures have begun to transmit into lower interbank interest rates.
Central Bank of the Dominican Republic 2025-09-01
Central Bank of the Dominican Republic briefs the IMF Article IV mission on the growth outlook and monetary fiscal policy coordination
The Central Bank of the Dominican Republic, with the IMF's Article IV mission, reported a 2.9% year-on-year growth in July and 2.4% for January–July 2025. The bank projects 3.0% growth in 2025 and 4.0% to 5.0% in 2026, with foreign direct investment exceeding USD 4.8 billion. Despite external uncertainties, inflation remains near target due to the inflation-targeting framework, and liquidity-expansion measures are lowering interbank interest rates.