GlobalSource Partners | Country Insights

The Dominican economy faces heightened international uncertainty, marked by rising energy prices and inflationary pressures. Nevertheless, it maintained growth of 4.5% y/y in January–August 2026, though growth slowed to 3.8% in August. Annual inflation declined to 5.13%, but remains elevated. ...

BCRD Raises Monetary Policy Rate

DOMINICAN REPUBLIC · In Brief · 30 Sep 2026

On September 30, the Central Bank of the Dominican Republic (BCRD) decided to raise its monetary policy rate by 25 basis points, from 5.25% to 5.50% per year. It also increased the one-day liquidity expansion facility rate to 6.00% and the overnight deposit rate to 4.75%. The Central Bank said it...

Dominican Republic Completes Bond Buyback

DOMINICAN REPUBLIC · In Brief · 22 Sep 2026 · 1 response

The Dominican Republic completed a liability management operation involving the repurchase of US$1.385 billion of its 5.95% sovereign bonds due in January 2027, representing approximately 81.5% of the US$1.7 billion previously outstanding. In conjunction with the buyback, the government issued US...

Dominican Republic bond buyback

DOMINICAN REPUBLIC · In Brief · 16 Sep 2026

The Dominican government yesterday announced an offer to repurchase U.S. dollar-denominated sovereign bonds carrying a 5.95% coupon and maturing in 2027, with US$1.7 billion currently outstanding. The offer sets a purchase price of US$1,006.25 per US$1,000 principal amount, plus accrued interest ...

Peso strengthens, amid solid growth, persistent inflation and tighter financial conditions

DOMINICAN REPUBLIC · Report · 03 Sep 2026

Economic activity remained resilient in July, expanding by 4.6% y/y and bringing cumulative January-July growth to 4.5%. But the policy environment has shifted considerably since 2025. Headline inflation eased to 5.47% in July, but remained above the Central Bank's target range, while core inflat...

Inflationary pressures and political tensions accompany stronger economic growth

DOMINICAN REPUBLIC · Forecast · 03 Aug 2026

The Dominican economy performed considerably better in H1 2026 than expected at the beginning of Q2, despite heightened geopolitical uncertainty following the escalation of the U.S.–Iran conflict. Economic activity accelerated to 4.7% and 6.4% y/y in May and June, lifting H1 growth to 4.5%, drive...

Central Bank keeps the monetary policy interest rate unchanged in July

DOMINICAN REPUBLIC · In Brief · 01 Jul 2026

The Central Bank decided to keep its monetary policy interest rate unchanged at 5.25% per year in July, a level that has remained in place since November 2025. Likewise, the rate on the Standing Liquidity Expansion Facility (one-day repo) remains at 5.75% per year, while the remuneration rate on ...

Dominican Congress Approves Fiscal Reform Bill

DOMINICAN REPUBLIC · In Brief · 18 Jun 2026

The National Congress has approved the fiscal reform bill, which includes measures to promote economic growth and mitigate the effects of the international economic crisis. The bill was submitted on June 11 and was considered under expedited legislative procedure by both the Senate and the Chambe...

Government announces pro-growth measures and policies to mitigate effects of international economic crisis

DOMINICAN REPUBLIC · Report · 12 Jun 2026

After months of consultations with productive sectors and political leaders, the Dominican government announced that it will submit to Congress a bill aimed at increasing government revenues by between DOP 40 billion and DOP 50 billion. These measures, together with the expenditure control act...

Robust external performance and moderate growth, with rising inflation and oil shock risks

DOMINICAN REPUBLIC · Report · 05 Jun 2026

The Dominican economy maintained a favorable performance through April 2026, although signs of moderation have begun to emerge. Economic activity expanded by 4% y/y during January–April, supported by sectors such as mining, tourism, education and financial services. Employment kept growing, but t...

Government Suspends Activities at the Romero Mining Project

DOMINICAN REPUBLIC · In Brief · 06 May 2026

Responding to social pressure in the province of San Juan de la Maguana against the development of the Romero mining project, President Luis Abinader decided on May 4 to suspend all activities related to the initiative. The project has been promoted by the Canadian mining company GoldQuest Mining...

Economic activity resilient -- at least for now

DOMINICAN REPUBLIC · Report · 04 May 2026

The Dominican economy strengthened in Q1 2026, with growth accelerating from 2.2% in 2025 to 4.1%, supported by a gradual decline in inflation toward the 4% target. Headline inflation moderated to 4.63% in March. This performance reflects strong external inflows and improved financial conditio...

BCRD keeps its policy rate at 5.25% per year and projects economic growth between 3.5% and 4.0% in 2026

DOMINICAN REPUBLIC · In Brief · 31 Mar 2026

In light of the increased global uncertainty associated with the escalation of the war in the Middle East, the Central Bank decided to keep the policy interest rate unchanged at 5.25% per year. The rate on the permanent liquidity expansion facility (1-day repos) remains at 5.75%, while the rate o...

Dominican government reiterates readiness to face the impact of the war with Iran, while warning that sacrifices will be necessary

DOMINICAN REPUBLIC · In Brief · 23 Mar 2026 · 1 response

Yesterday, President Luis Abinader addressed the nation to reiterate the main points discussed at the Council of Government meeting on March 19. He noted that the war with Iran represents a significant external shock for the Dominican economy, given that the country is a net importer of energy. I...

Balancing growth, inflation and external risks, amid geopolitical uncertainty

DOMINICAN REPUBLIC · Report · 23 Mar 2026

Macroeconomic indicators as of February suggest that the Dominican economy is gradually recovering from its weak 2025 performance, when growth fell to one of its lowest levels of the past three decades. Economic activity expanded by 3.5% y/y in January 2026, while inflation eased to 4.67% y/y ...