The Central Bank of the Dominican Republic (BCRD) announced that Governor Héctor Valdez Albizu co-chaired the 305th meeting of the Central American Monetary Council on 20–21 November in Punta Cana and highlighted the International Monetary Fund’s (IMF) positive Article IV Staff Report on the Dominican Republic, citing improved macroeconomic performance and favourable growth prospects. Valdez Albizu pointed to the IMF’s reclassification of the Dominican Republic’s exchange rate regime as a floating regime, which the BCRD said has a positive effect on the country’s position under the IMF’s reserve adequacy (ARA) metric, and referenced the report’s assessment that the country has policy space to manage ongoing global uncertainty. He also noted inflation remaining within the 4.0% ± 1.0% target range for 30 consecutive months and the implementation of a liquidity provision programme to support financing to productive sectors. The central bank projected around USD46.0bn in foreign currency inflows in 2025, led by exports of USD14.9bn, tourism receipts of USD11.2bn and remittances of more than USD11.7bn, with foreign direct investment expected to exceed USD4.8bn and cover an estimated current account deficit of 2.5% of GDP; international reserves were reported at about USD14.5bn, equivalent to 11% of GDP and more than five months of imports. Economic growth was projected at around 2.5% in 2025, rising to 4.0%–5.0% in 2026.
Central Bank of the Dominican Republic 2025-11-23
Central Bank of the Dominican Republic highlights IMF Article IV assessment and floating exchange rate classification at Central American Monetary Council meeting
The Central Bank of the Dominican Republic announced Governor Héctor Valdez Albizu co-chaired the 305th Central American Monetary Council meeting, highlighting the IMF's positive Article IV Staff Report. The report noted improved macroeconomic performance, a reclassification to a floating exchange rate regime, and policy space to manage global uncertainty. The central bank projected USD46.0bn in foreign currency inflows for 2025, with economic growth expected to rise from 2.5% in 2025 to 4.0%–5.0% in 2026.