On June 5, 2019, the Executive Board of the International Monetary Fund concluded the consideration of the Article IV consultation of the Dominican Republic. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.
The authorities have consented to publication and it is expected that the staff report will be posted on this website shortly.
The last Article IV Executive Board Consultation was on June 5, 2019. Listed below are items related to Dominican Republic.
At a Glance
- 2019 Projected Real GDP (% Change) : 5.1
- 2019 Projected Consumer Prices (% Change): 1.4
- Country Population: 10.374 million
- Date of Membership: December 28, 1945
- Article IV/Country Report: August 15, 2019
- Special Drawing Rights (SDR): 4.51 million
- Quota (SDR): 477.4 million
- Number of Arrangements since membership: 9