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The Dominican Republic’s public debt has surged by more than US$3.75 billion in the first four months of 2025, marking a 6.52% increase so far this year, according to official data from the General Public Credit Agency under the Ministry of Hacienda, N Digital reports.

As of April 2025, the country’s non-financial public sector (NFPS) debt — which includes both external and domestic liabilities — reached US$61.34 billion. This figure underscores a sustained upward trend in public borrowing, particularly since 2022.

Between 2022 and 2025, the Caribbean nation’s public debt has grown by US$9.49 billion, an increase of over 18% in just three years. When including the US$16.29 billion in liabilities held by the Central Bank, the Dominican Republic’s consolidated public debt now totals approximately US$77.63 billion.

In recent years, the trajectory of the NFPS debt has...

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