IMF is bullish on Dominican prospects for 2025 and 2026

Dolores

Administrator
Staff member
Feb 20, 2019
18,214
2,872
93
Reuniones-FMI-GBM-El-Nuevo-Diario-1024x723.png


During the spring meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG), the agency presented the Regional Economic Outlook for the Western Hemisphere, and it showed the Dominican Republic in a glowing light. For 2025, the IMF says that the country will see a 4 to 4.5% increase in Gross Domestic Product (GDP), and this is only behind the 5.5% of Argentina.

However, for 2026, the world’s monetary watchdog says that the Dominican’s forecast 4.8% will be above Argentina’s 4.5%, giving the DR the highest forecast for the entire Western Hemisphere. The forecast for 2026 for the Central American region is Costa Rica 3.4%, El Salvador 2.5%, Guatemala 3.8%, Honduras 3.4%, Nicaragua 3.2%, Panama 4.0% and the DR 4.8%.

According to the IMF, the regional GDP growth will be just 2.0% a slight decline from 2024 when the GDP growth was set at 2.4%, mainly...

Continue reading...
 
Last edited by a moderator: