Dominican Republic Resident Representative Site
Resident Representative Office in Dominican Republic
This web page provides information on the activities of the IMF's office in Dominican Republic, views of IMF staff, and relations between Dominican Republic and the IMF. Additional information can be found on the Dominican Republic and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Dominican Republic.
News and Highlights
Press Release: ILO and IMF Help Foster Social Dialogue on Inclusive and Job-Rich Growth in the Dominican Republic
The IMF, building on a successful model for transferring economic skills and best practices, opened a new technical assistance center in Central America on June 24, the seventh set up by the Fund around the world to train central bankers, economic officials, and others.
Dominican Republic and The IMF
Press Release: Statement at the Conclusion of the XII Regional Conference on Central America, Panama, and the Dominican Republic
Press Release: IMF Executive Board Concludes First Post-Program Monitoring Discussion with Dominican Republic
Regional Economic Outlook: Western Hemisphere
Growth in Latin America and the Caribbean (LAC) remains in low gear, reflecting a less supportive external environment and, in some cases, domestic supply-side constraints. The region's output is projected to expand by 2¾ percent in 2013, with domestic demand remaining the main driver. The growth rate is expected to edge up to 3 percent in 2014 as external demand strengthens gradually, but will remain below the average growth rate of the last decade. In countries with low inflation and anchored inflation expectations, monetary policy should be the first line of defense if downside risks to the baseline materialize. Fiscal consolidation remains appropriate for countries with tight capacity constraints or limited fiscal space; it will also help constrain the continued widening of current account deficits. Safeguarding financial stability is a key priority in an environment of tighter global financial conditions and increased asset price volatility.