The recovery of the Dominican economy is apparent. The Tax Agency (DGII) says that tax collections in April 2021 reached a record-breaking RD$68.78 billion. This is 154.5% more than the estimate for the month.
Meanwhile, the International Monetary Fund gives the Dominican Republic a good report card for its performance during the present economic and health crisis.
The IMF highlights “the ongoing vaccination campaign, the global recovery and strong government support to the tourism sector are placing the economy on a dynamic recovery in 2021, instrumental for raising income levels over the medium term”.
Its recent report forecasts the Dominican economy will grow 5.5% this year, with controlled inflation.
“The current account would remain more than fully financed by foreign direct investment and the financial system remains resilient and continues to support the economy. Globally, uncertainty remains high, but risks are broadly balanced,” states the IMF in its 6 May 2021 report.
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IMF
7 May 2021