LatinNews Regional Monitor: Caribbean & Central America - 26 March 2019

* Following a visit by a delegation from the International Monetary Fund (IMF) to the Dominican Republic (DR), the IMF released a statement which notes that the DR economy “continues to perform very well, and substantial progress was made in improving social outcomes”. According to the statement, “[economic] growth regained momentum in 2018 with recovering real income” and, at 7%, was the highest in the hemisphere, bringing “many discouraged workers into the labour force, increased employment, and helped reduce inequality and poverty”. The IMF, which forecasts 5.5% GDP growth for the DR in 2019, notes that despite such high levels of growth, as of December 2018 inflation remained at 1.2%.

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