The Central Bank of the Dominican Republic reported that Governor Héctor Valdez Albizu concluded his participation in the International Monetary Fund and World Bank Annual Meetings in Washington, DC, presenting the Dominican Republic’s economic outlook and recent monetary actions aimed at supporting activity amid international uncertainty. Alongside Finance and Economy Minister Magín Díaz, Valdez Albizu held a bilateral meeting with IMF Executive Director André Roncaglia to review the economy’s performance, the recent Article IV mission report, fiscal policy implementation for the remainder of 2025 and higher public investment planned in a supplementary budget. In the Central America, Panama and Dominican Republic (CAPDR) meeting, he referenced a coordinated monetary and fiscal programme to boost domestic demand, citing a recent cut in the policy rate and a liquidity provision programme to channel financing to productive sectors, while Díaz highlighted compliance with the fiscal rule. Valdez Albizu also pointed to improved debt ratings and country risk indicators at historic lows, projected foreign direct investment exceeding USD 4.8bn in 2025 to more than cover a projected current account deficit of 2.5% of GDP, and indicated inflation would remain within the 4.0% ± 1.0% target range with growth of 4.0% to 5.0% in 2026. He also participated in a Center for Latin American Monetary Studies governors’ panel on economic and financial prospects, met US Treasury Office of Technical Assistance officials on financial inclusion initiatives, and cited World Bank data showing adult account ownership rising from 51% in 2021 to 65% in 2024. Additional bilateral meetings included the Bank for International Settlements’ Americas office, Citi and PIMCO, and the central bank delegation attended an Inter-American Development Bank network meeting and investor sessions organised by several investment banks.
Central Bank of the Dominican Republic 2025-10-19
Central Bank of the Dominican Republic governor wraps up IMF and World Bank meetings and highlights recent rate cut liquidity support and 2026 outlook
The Central Bank of the Dominican Republic's Governor Héctor Valdez Albizu attended the IMF and World Bank Annual Meetings, discussing the country's economic outlook and monetary actions. He highlighted a coordinated monetary and fiscal programme to boost domestic demand, improved debt ratings, and projected foreign direct investment exceeding USD 4.8 billion in 2025. Valdez Albizu noted inflation within the target range, growth projections of 4.0% to 5.0% in 2026, and increased adult account ownership from 51% in 2021 to 65% in 2024.