This web page provides information on the activities of the IMF's office in Dominican Republic, views of IMF staff, and relations between Dominican Republic and the IMF. Additional information can be found on the Dominican Republic and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Dominican Republic.
At a Glance
- Current IMF membership: 191 countries
- Dominican Republic joined the Fund on December 28, 1945
- Total Quota: SDR 218.90 Million
- Loans outstanding: Stand-by Arrangements SDR 54.73 Million (January 31, 2016)
- On May 28, 2014, the IMF Executive Board concluded the 2014 Article IV consultation with the Dominican Republic
IMF's Work on the Dominican Republic
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Dominican Republic: 2024 Article IV Consultation-Press Release and Staff Report
September 13, 2024
Series:Country Report No. 2024/294
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IMF Executive Board Concludes 2024 Article IV Consultation with Dominican Republic
September 10, 2024
Washington, DC – September 10, 2024: On September 10, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Dominican Republic and considered and endorsed the staff appraisal without a meeting.
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August 28, 2024
Author/Editor:Anca Paduraru | Marco Gross | Paavo A Miettinen | Karl Driessen | Chacon Rey | Maria Fernanda | Kristel Poh | Stephanie Forte | Victor Budau
Series:High Level Summary Technical Assistance Report No. 2024/031 -
Conclusions of the XVIII Regional Conference on Central America, Panama, and the Dominican Republic
July 30, 2024
San Jose – July 30, 2024: Central bank governors, finance ministers, and bank superintendents of Central America, Panama, and the Dominican Republic (CAPDR), and IMF officials met in San Jose, Costa Rica, on July 29-30 to review the regional economic outlook and discuss policy measures needed to tackle key structural issues facing the region. The First Vice-President of the Republic of Costa Rica, Stephan Brunner, and the IMF’s Deputy Managing Director, Kenji Okamura, inaugurated the conference.
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Raising Productivity Growth in Central America, Panama and the Dominican Republic
July 29, 2024
It is my great pleasure to welcome you to the 18th Regional Conference on Central America, Panama, and the Dominican Republic, co-hosted this year with the Central Bank of Costa Rica. I would like to thank the First Vice President of Costa Rica, Stephan Brunner and the Governor of the Central Bank, Róger Madrigal López. This conference serves as an opportunity to hold a frank and open dialogue on regional and global developments, common challenges, and policy priorities.
October 25, 2024
After successfully weathering a series of shocks, most countries in the region are converging to their (tepid) potential. Growth is expected to moderate in late 2024 and 2025, while inflation is projected to continue easing, although gradually. With output gaps mostly closed and inflation near target in most cases, policies should be rebalanced. Fiscal consolidation should advance without delay to rebuild buffers while protecting priority public investment and social spending. Most central banks are well placed to proceed with monetary easing, striking a balance between fending off the risk of reemerging price pressures and avoiding an undue economic contraction. Over the medium-term, growth is expected to remain close to its low historical average, reflecting long-standing, unresolved challenges. Pressing on with structural reforms will be key to boost potential growth and raise living standards.
Read the Report