Dominican Republic: 2018 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, October 24, 2018
Source details
- Canonical URL
- Dominican Republic: 2018 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: October 24, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484381243.002
Summary findings
- After three years of robust expansion, the economy of the Dominican Republic moderated to close to its potential level.
- Economic activity is estimated to have expanded by 4.6 percent in 2017, following above-potential growth of 7.1 percent on average during 2014–16.
- The growth moderation was concentrated in the first three quarters of 2017.
Economic outlook and drivers
- The economic outlook remains positive.
- Monetary easing in mid-2017 is expected to support a continued recovery in economic activity in 2018.
- Lower lending rates and stronger credit growth following the easing, combined with higher real wages and employment, are expected to continue to support domestic demand.
Thematic focus areas (as presented)
- Banking
- Economic sectors
- Financial crises
- Fiscal policy
- Fiscal stance
- Income
- National accounts
- Public debt
- Public sector
Keywords and policy-relevant terms (as presented)
- central bank
- CR
- debt
- debt profile
- exchange rate
- Fiscal stance
- GDP
- Global
- headline inflation
- Income
- inflation targeting framework
- ISCR
- obligations of the central bank
- private sector
- Public sector
Dominican Republic: 2018 Article IV Consultation-Press Release and Staff Report, October 24, 2018.
Content in this bundle
- Country Report