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.
At a Glance
- Current IMF membership: 189 countries
- Dominican Republic joined the Fund on December 28, 1945
- Total Quota: SDR 218.90 Million
- Loans outstanding: Stand-by Arrangements SDR 54.73 Million (January 31, 2016)
- On May 28, 2014, the IMF Executive Board concluded the 2014 Article IV consultation with the Dominican Republic
IMF's Work on the Dominican Republic
April 19, 2016
April 7, 2016
Author/Editor: Kevin Greenidge ; Meredith A. McIntyre ; Hanlei Yun
Series: Working Paper No. 16/82
March 8, 2016
Author/Editor: Arnold McIntyre ; Ahmed El-Ashram ; Marcio Ronci ; Julien Reynaud ; Natasha Xingyuan Che ; Ke Wang ; Sebastian Acevedo Mejia ; Mark Scott Lutz
Series: Working Paper No. 16/53
March 1, 2016
February 23, 2016
Author/Editor: Sebastian Acevedo Mejia ; Lu Han ; Hye S Kim ; Nicole Laframboise
Series: Working Paper No. 16/33
Regional Economic Outlook
Managing Transitions and RisksApril 2016
With the global economy still struggling, many countries in Latin America and the Caribbean are facing a harsher world than they did just a few years ago. The growth outlook is weaker in advanced and emerging economies alike, while the gradual slowdown and rebalancing of economic activity in China is likely to keep commodity prices lower for longer. Meanwhile, favorable external financial conditions over the past several years have become more volatile, and risks of a sudden tightening are on the rise.
Against this backdrop, economic activity in Latin America and the Caribbean has been revised downward, compared with our January update and is likely to contract for a second consecutive year in 2016. But the growth outlook varies substantially within the region. While external conditions have placed a large drag on all commodity exporters, countries expected to post negative growth will do so mainly because of domestic imbalances and rigidities at home, and, in certain cases, temporary impact of policies designed to transition away from earlier distortions.
But the news isn't all bad. In the rest of the region—and particularly where policy frameworks have been strengthened over the past two decades—a relatively smooth adjustment continues. Given these broad contours, growth stories vary between the south and north.