DR a developed country by 2036?


Staff member
Feb 20, 2019

President Luis Abinader says he is concentrating on pushing the country on a path to double GDP by 2036. The objective is to turn the DR into a developed country.

Speaking during the 17 June 2024 press conference from the Presidential Palace, Abinader said a national pact is needed to steer the country to status as a developed country.

He sees this objective feasible given the Dominican Republic’s proven track record. He spoke of the resilience of the country in dealing with challenges such as the Covid-19 pandemic, the Ukrainian war, the slowdown of the economy to deal with imported inflation and the major difficulties caused by the Haitian crisis.

Abinader said 1.7 million new jobs need to be created, average middle wages tripled, extreme poverty eliminated, and life expectancy extended by six years, plus the investments for the country to become the most...

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