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Dominican Republic: 2017 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for the Dominican Republic

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

August 16, 2017

Electronic Access:

Free Full text

Summary:

The Dominican economy continues to grow rapidly, buoyed by low energy prices, strengthening labor markets, dynamic investment, and the recovery in the U.S. Lower oil prices have balanced the effects of strong domestic demand on inflation and the external position. The outlook is favorable: the pace of expansion—which averaged around 7 percent over the past three years—is tapering off towards potential, inflation is set to increase to target as commodity prices recover, and a healthy financial sector is well poised to support growth.

Series:

Country Report No. 17/254

English

Publication Date:

August 16, 2017

ISBN/ISSN:

9781484315651/1934-7685

Stock No:

1DOMEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

69

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