2025News

Monetary and financial overview: Central Bank measures keep inflation in check

The Central Bank of the Dominican Republic (BCRD) on 14 January 2025 released an overview on the economy in 2024. The Central Bank highlighted the capping of inflation within its target range throughout 2024, the economic growth near its potential of 5% and the robust financial system. The briefing analyzes recent monetary and financial policy …
2025News

Public Works Minister details investment of funds from Aerodom concession renegotiation

Minister of Public Works Deligne Ascención on 15 January 2025 provided details of how the ministry has invested the funds generated from the renegotiated concession contract with Aeropuertos Dominicanos Siglo XXI (Aerodom). Ascención revealed that a significant portion of the revenue has been channeled into the reconstruction of roadways in the Greater Santo Domingo area …
2025News

DR proposals for sargassum solution get IDB Lab funding

Dominican proposals for use of sargassum were included in the beneficiaries of the Interamerican Development Bank (IDB) funding through the IDB lab. The selected proposals come from Barbados, Belize, the Dominican Republic, Jamaica, Mexico, and Trinidad and Tobago. The Inter-American Development Bank (IDB) and its innovation laboratory, IDB Lab, announced the results of their Sargassum …
2025News

President Abinader chairs first meeting of National Council of the Magistracy to review new regulatory proposal

It will not be before March 2025 that the DR gets a new attorney general. The procedures are lengthy and are underway. Continuing with the procedures, President Luis Abinader led the inaugural meeting of the National Judiciary Council (CNM) on Monday, 13 January 2025 evening to prepare for the actual selecting of the next Attorney …
2025News

Milagros German leaves Ministry of Culture; speculation she will be replaced by Robertico Salcedo

The Presidency has celebrated the achievements of Milagros German at the Ministry of Culture. She is recognized for designating an excellent team of professionals in culture that accompanied her during her three-year term. One of her most notable accomplishments was the re-engineering of the Santo Domingo Book Fair. German closed her three-year term in charge …