The Central Bank of the Dominican Republic reported that Governor Héctor Valdez Albizu met with Celinés Toribio, Vice Minister at the Ministry of Foreign Affairs and head of the Institute for Dominicans Abroad, who presented the “Dominicans Abroad 2024” report compiling data and analysis on the Dominican diaspora to support diaspora-focused policymaking. Valdez Albizu noted that remittances in the first half of 2025 totalled USD 5,826.7 million, up 11.2% year on year, and linked these flows to consumption, investment and financing for more vulnerable sectors. The central bank’s 2025 external-sector outlook anticipates favourable foreign currency inflows, led by tourism, foreign direct investment, exports and remittances, with end-year remittances projected at around USD 11.3 billion and foreign direct investment at around USD 4.7 billion. The report includes a registry of Dominicans by city and state, United Nations census information and other statistical and social data, while INDEX outlined planned initiatives including a return guide, a podcast on successful Dominicans abroad, a diaspora congress and a real estate guide; both sides also discussed collaboration on solutions to facilitate return and on informing the diaspora about investment options in the Dominican Republic.
Central Bank of the Dominican Republic 2025-07-29
Central Bank of the Dominican Republic receives Dominicans Abroad 2024 report and updates remittance and foreign exchange inflow outlook
The Central Bank of the Dominican Republic reported remittances in the first half of 2025 reached USD 5,826.7 million, an 11.2% year-on-year increase. Governor Héctor Valdez Albizu emphasized their role in supporting consumption, investment, and financing for vulnerable sectors. The bank's 2025 outlook anticipates strong foreign currency inflows from tourism, foreign direct investment, exports, and remittances, projecting USD 11.3 billion in remittances and USD 4.7 billion in foreign direct investment by year-end.