The delegation from the International Monetary Fund (IMF) that had been visiting the Dominican Republic finished their work with a meeting with President Danilo Medina on Thursday, 21 March 2019. The delegation was received by the President and his economic cabinet, including the governor of the Central Bank of the Dominican Republic Hector Valdez Albizu and Hacienda Minister Donald Guerrero, as well as the Dominican representative to the IMF, Frank Fuentes, and the deputy manager for Monetary, Exchange and Financial Policy of the Central Bank, Joel Tejeda. Members of the IMF mission included Javier Arze, Julia Faltermeier, Joel Okwuokei
The Central Bank reported that during the conversation with the President, the chief of the IMF mission, Aliona Cebotari, who is deputy division chief in the IMF’s Western Hemisphere Department, stressed the solid macroeconomic foundations of the country, with growth exceeding forecasts, low inflation and high international reserves.
Cebotari also praised the nation’s advances in education and health system infrastructure, the rule of law, financial supervision, stock market breadth, among other areas, says the Central Bank press release.
The IMF will be publishing a summary on the outcome of the meetings.
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Banco Central
25 March 2019