{"id":233023,"date":"2025-03-19T07:51:30","date_gmt":"2025-03-19T11:51:30","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=233023"},"modified":"2025-03-19T10:01:27","modified_gmt":"2025-03-19T14:01:27","slug":"central-bank-governor-valdez-albizu-summarizes-imf-routine-visit","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2025\/03\/19\/central-bank-governor-valdez-albizu-summarizes-imf-routine-visit\/","title":{"rendered":"Central Bank Governor Valdez Albizu summarizes IMF routine visit"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img src=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central-1024x483.png\" alt=\"\" class=\"wp-image-233069\" width=\"600\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central-1024x483.png 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central-300x142.png 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central-768x363.png 768w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central-1536x725.png 1536w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/03\/Hector-Valdez-Banco-Central.png 1686w\" sizes=\"(max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure><\/div>\n\n\n\n<p>Dominican Republic&#8217;s Central Bank Governor H\u00e9ctor Valdez Albizu met with the International Monetary Fund (IMF) executive director for Brazil and head of the country&#8217;s chair, Andr\u00e9 Roncaglia, and the IMF mission led by Emilio Fern\u00e1ndez-Corugedo at the conclusion of their &#8220;Staff Visit&#8221; to the country. The visit aimed to assess the Dominican economy&#8217;s performance and prospects ahead of the upcoming Article IV consultation later this year.<\/p>\n\n\n\n<p>Key points from Governor Valdez Albizu:<br>\u2022 Strong economic performance: The Dominican economy performed well in 2024, growing by 5.0%, one of the highest rates in Latin America.<br>\u2022 Controlled inflation: Inflation has remained within the target range of 4% \u00b1 1% for the last 15 months, standing at 3.56% year-over-year in February 2025, with underlying inflation at 4.21%.<br>\u2022 Optimism despite uncertainty: Valdez Albizu expressed optimism about the future of the Dominican economy despite global uncertainty, highlighting the country&#8217;s resilience, strong legal framework, and robust financial system.<br>\u2022<br>IMF response:<br>\u2022 Positive impressions: Andr\u00e9 Roncaglia, IMF executive director for Brazil, praised the Dominican Republic&#8217;s preparedness to face international uncertainties.<br>\u2022 Growth projections: The IMF mission projected Dominican economic growth of 4.5% in 2025 and 5.1% in 2026, citing strong macroeconomic fundamentals, social stability, and legal security as key factors.<br>\u2022 Praise for the financial sector: The IMF reaffirmed the robustness of the Dominican banking sector with adequate capitalization and high profitability.<\/p>\n\n\n\n<p>The head of the IMF mission emphasized: &#8220;The IMF team estimates Dominican Republic economic growth of 4.5% in 2025 and 5.1% in 2026. This, coupled with its solid macroeconomic fundamentals, social stability, and legal security, will enable the country to navigate the uncertain international environment.&#8221;<\/p>\n\n\n\n<p>The meeting underscored the positive outlook for the Dominican economy despite global headwinds and highlighted the country&#8217;s commitment to sound economic policies.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/6193-gobernador-valdez-albizu-se-reune-con-la-mision-del-fmi-para-concluir-el-staff-visit\">Central Bank <\/a><br><a href=\"https:\/\/www.elcaribe.com.do\/panorama\/dinero\/equipo-del-fmi-esta-optimista-proyecta-que-republica-dominicana-crecera-5-1\/\">El Caribe <\/a><\/p>\n\n\n\n<p>19 March 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dominican Republic&#8217;s Central Bank Governor H\u00e9ctor Valdez Albizu met with the International Monetary Fund (IMF) executive director for Brazil and head of the country&#8217;s chair, Andr\u00e9 Roncaglia, and the IMF mission led by Emilio Fern\u00e1ndez-Corugedo at the conclusion of their &#8220;Staff Visit&#8221; to the country. The visit aimed to assess the Dominican economy&#8217;s performance and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2025\/03\/19\/central-bank-governor-valdez-albizu-summarizes-imf-routine-visit\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[337,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/233023"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=233023"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/233023\/revisions"}],"predecessor-version":[{"id":233070,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/233023\/revisions\/233070"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=233023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=233023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=233023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}