DOMINICAN REPUBLIC

DOMINICAN REPUBLIC - In Brief 08 Jan 2019

Yesterday, the Ministry of Finance informed that it has selected Guggenheim Securities to advise the government in the design of a potential tender for the sale of the shares of the Punta Catalina Thermoelectric Power Plant. The announcement shows that the intentions of the government are serious...

DOMINICAN REPUBLIC - Report 03 Jan 2019

Executive Summary Real GDP growth for 2018 should come in at 7%, the Central Bank reported, after expansions of 6.8% in October, 7.2% in November and 7.1% (estimated) in December. Growth was strong across sectors, with communications, construction, free zones and heath particularly robust. Accumu...

DOMINICAN REPUBLIC - In Brief 31 Dec 2018

President Medina has just left his mark in the Constitutional Court. As mandated by the Constitution, four of the thirteen judges that make up that court were replaced, and as expected, the new appointees changed the balance of power within the court. Although Medina did not manage to get full co...

DOMINICAN REPUBLIC - Report 07 Dec 2018

Executive Summary Economic activity expansion has been amazing all year, rising 6.9% to Q3, while the Monthly Indicator of Economic Activity showed an expansion of 8.6% in September. Inflation remained low (0.22%) in October, and the annualized rate reached 3.52%, within the target range set in t...

DOMINICAN REPUBLIC - Forecast 07 Nov 2018

Executive Summary Economic activity grew 7.3% in Q3, from Q3 2017, and cumulative 2018 growth to September was 6.9%. These are extraordinary figures that surprised even the most optimistic observers. Inflation remained very low in September, up 0.08% from August, while accumulated January-Septemb...

DOMINICAN REPUBLIC - Report 02 Oct 2018

Executive Summary Economic expansion continues to be powerful. GDP growth January-July was up 6.7% from the same period last year, with all activities registering relatively high growth rates. Monetary policy also continues stable. The restricted monetary base December-August was down 5.41%; the ...

DOMINICAN REPUBLIC - Report 30 Aug 2018

Executive Summary Although others had formally launched their pre-campaign activities aimed at getting the PLD nomination for the presidency, the rally staged by former President Leonel Fernández to inaugurate his pre-campaign was the one that marked the beginning of the race to the 2020 presiden...

DOMINICAN REPUBLIC - In Brief 13 Aug 2018

As expected, in a matter of hours, the Senate voted for the bill on political parties approved the previous day by the Chamber of Representatives. Today, President Medina signed the bill. In our next monthly report, we will provide an account of the law, as well as an analysis of winners and lose...

DOMINICAN REPUBLIC - In Brief 09 Aug 2018

Tuesday night, the Chamber of Representatives voted positively for a law of parties that allows parties to choose the procedure to elect nominees for President and Vicepresident, members of Congress and local authorities. The bill was supported by danilistas and allied parties, and PRM representa...