DR1 Daily News - Dominican Republic

The Dominican Republic has the potential to double its GDP in the next ten years. Rene Grullon, the chief executive of the country’s largest private financial group, Grupo Popular, recently went on record giving his recommendations of the structural changes and decisions that need to be taken. The doubling would position the Dominican Republic as a developed country in the Caribbean.

The goal of doubling the Dominican Republic’s real Gross Domestic Product (GDP) by 2036 is more than just an economic target; it is a “moral pact between generations,” according to Rene Grullon, CEO of Grupo Popular, the largest banking group in the country.

Addressing the American Chamber of Commerce of the Dominican Republic (AmChamDR), Grullon outlined a compelling vision for achieving sustained economic growth, improved quality of life, and a more equitable society. He called for a united effort between the public and private sectors, emphasizing that long-term development requires brave...