DR1 Daily News - Dominican Republic

President Luis Abinader acknowledged in his weekly press conference on Monday, 28 July 2025 that the Dominican economy has experienced a deceleration in its growth rate, a reality he stated the population is already feeling.

“We went from growing 5% to 2.7% or 3%, which is what we are accumulating… and I know the population is feeling it, the decrease in economic growth,” the President stated during his weekly press conference.

Despite this slowdown, Abinader affirmed that, amidst global uncertainty, the Dominican Republic’s economy remains “a beacon of international light.” He attributed the deceleration to external factors, specifically citing international circumstances influenced by new US government tariff policies, which contribute to global uncertainty.

He said efforts are focused on a targeted 3.5% growth rate for this year. Regardless the final outcome...