The update of monetary policy has made this possible, according to the Central Bank of the Dominican Republic (BCRD).<\/p>\n\n\n\n
The commitment to stability has been decisive for sustaining growth and financing the development of the Dominican economy, according to an analysis published by the Central Bank of the Dominican Republic (BCRD), which highlighted that the updating of monetary and financial policies to adapt them to new tools has borne fruit.<\/p>\n\n\n\n
This has directly contributed to the economy expanding by 4.3% during the first decade of the 2000s, and by 4.0% since 2010, with expectations that it will remain between 4.0% and 5.0% through 2026.<\/p>\n\n\n\n
Thus, gross domestic product (GDP) per capita reached 11,541 dollars in 2024, double the 5,680 dollars recorded in 2010 and more than four times the 2,659 dollars at the end of the 1990s, making the country a middle-income economy according to the World Bank classification.<\/p>\n\n\n\n
Adopted policies
Among the policies that have contributed to the economy\u2019s growth is the implementation of the inflation-targeting framework in 2012, which marked \u201ca landmark milestone in policy terms\u201d and has maintained price stability, moderated interest rates, reduced exchange-rate fluctuations, and managed liquidity among financial intermediaries.<\/p>\n\n\n\n
\u201cIn fact, inflation \u2014 which during the 1990s averaged 14.5% and, on the eve of the 2009 global financial crisis, stood at 5.8% \u2014 has remained stable around the midpoint of the target range of 4.0% \u00b1 1.0% since 2012, standing at 4.23% year-on-year as of October 2025, within that range,\u201d the analysis noted.<\/p>\n\n\n\n
In an article in P\u00e1gina Abierta<\/em>, the BCRD explains that, in terms of financial regulation, it has also emphasized the modernization of monetary and financial regulations to ensure the proper functioning of the financial system.<\/p>\n\n\n\n Specifically, updates have been made to:<\/p>\n\n\n\n Monetary and financial management has also focused on the creation of the Committee on Macroprudential Policy and Financial Stability in 2017.<\/p>\n\n\n\n Composed of the BCRD and the Superintendency of Banks (SB), this body has examined the stability of the financial system and the macroprudential policy measures needed to reduce and mitigate systemic risks, defined as the risk of a widespread disruption in the provision of financial services, which can have consequences for the real economy.<\/p>\n\n\n\n Other measures At the same time, financial regulation measures have strengthened risk management in financial intermediation institutions, which display \u201cconsiderable capital strength\u201d and have contributed to the overall resilience shown by the Dominican economy.<\/p>\n\n\n\n Evidence of this is that their capital levels exceed 6.0% of GDP, underpinned by a return on equity (ROE) of 21.7% and a return on assets (ROA) of 2.6% as of the end of September 2025.<\/p>\n\n\n\n The capital adequacy ratio stands at around 18.4%, according to the latest information available from the Superintendency of Banks.<\/p>\n\n\n\n \u201cThe focus of monetary and financial policy measures on stability has delivered the expected results for the economy,\u201d the BCRD noted.<\/p>\n\n\n\n Through its Department of Regulation and Financial Stability, the institution analyzed how the recommendations put forward by the winners of the 2025 Nobel Prize in Economics (Joel Mokyr, Philippe Aghion and Peter Howitt) have been followed, as they have shown that economic growth can be sustained when new technologies replace old ones, in a process known as \u201ccreative destruction.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The update of monetary policy has made this possible, according to the Central Bank of the Dominican Republic (BCRD). The commitment to stability has been decisive for sustaining growth and financing the development of the Dominican economy, according to an…<\/p>\n","protected":false},"author":9,"featured_media":11918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-11920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"\n\n
These efforts are complemented by other measures that have been adopted, such as liquidity-provision programs, which have contributed to lower interest rates and to the effective transmission of monetary policy.<\/p>\n\n\n\n