{"id":12659,"date":"2026-10-14T15:01:58","date_gmt":"2026-10-14T15:01:58","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=12659"},"modified":"2026-10-14T15:02:00","modified_gmt":"2026-10-14T15:02:00","slug":"eclac-considers-dominican-republic-an-exception-in-the-region","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/eclac-considers-dominican-republic-an-exception-in-the-region\/","title":{"rendered":"ECLAC considers Dominican Republic an exception in the region"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Growth forecast of 4% by 2026 almost double the average for Latin America and the Caribbean. RD 2036 Goal stands out.<\/li>\n<\/ul>\n\n\n\n<p>The Economic Commission for Latin America and the Caribbean (ECLAC) highlighted the Dominican Republic as one of the exceptions in the region for its economic growth and presented the RD 2036 Goal initiative as an example of how a country can turn transformative capacity into a national roadmap.<\/p>\n\n\n\n<p>Jos\u00e9 Manuel Salazar-Xirinachs, ECLAC&#8217;s executive secretary, expressed the recognition at the organization\u2019s 41st session, when he highlighted the Dominican Republic\u2019s in the face of the low growth recorded in Latin America and the Caribbean.<\/p>\n\n\n\n<p>Salazar-Xirinachs pointed out that the Dominican Republic has been growing above the regional average for decades and highlighted the reduction in monetary poverty, recalling that it went from 25.8% in 2019 to 14.6% in the first half of this year, according to what President Luis Abinader presented to the United Nations General Assembly.<\/p>\n\n\n\n<p>He also indicated that, after the 2025 adjustment, ECLAC projects growth of 4.0% for the Dominican Republic in 2026, almost double the regional average.<\/p>\n\n\n\n<p><strong>Eyes on transformation<\/strong><\/p>\n\n\n\n<p>The ECLAC executive secretary also highlighted the Dominican Republic&#8217;s aim to double its economy by 2036, a goal that requires an annual growth of 6%.<\/p>\n\n\n\n<p>\u201cThat is exactly the kind of growth that fuels transformation,\u201d he said.<\/p>\n\n\n\n<p>In particular, Salazar-Xirinachs hailed the Meta RD 2036 initiative promoted by President Luis Abinader through Decree No. 337-24.<\/p>\n\n\n\n<p>He explained that the initiative proposes doubling the country&#8217;s real Gross Domestic Product by 2036 through a second wave of structural reforms focused on productivity and human capital.<\/p>\n\n\n\n<p>The initiative sets out goals in areas such as poverty, formal employment, life expectancy, housing, access to water, citizen security, and State effectiveness.<\/p>\n\n\n\n<p>Latin America and the Caribbean are facing rising geopolitical tensions, fragmentation of the multilateral system, and low economic growth that limits the ability of countries to drive the transformations required by their societies.<\/p>\n\n\n\n<p>During the organization\u2019s 41st session, Jos\u00e9 Manuel Salazar-Xirinachs, executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), warned that geopolitics have entered into the development agenda.<\/p>\n\n\n\n<p>He explained that economic interdependence, which for years was seen as a source of efficiency and shared prosperity, is now increasingly used as an instrument of power and coercion.<\/p>\n\n\n\n<p>In this new scenario, he pointed out how technology, energy, minerals, trade, investment and supply chains play a central role in the competition between countries and the rivalry between powers.<\/p>\n\n\n\n<p>Salazar-Xirinachs said that these conditions have concrete effects for Latin America and the Caribbean, because they affect where investment is made, what is produced, where value chains are located, who has access to certain technologies and under what conditions countries relate to the rest of the world.<\/p>\n\n\n\n<p>He went on to point out that these challenges are in addition to structural problems that the region has been dragging on for years. He identified three development traps: low capacity to grow, high inequality with low mobility and weak social cohesion, in addition to weak institutional capacities and ineffective governance. Between 2016 and 2025, the region grew by around 1.3% per year.<\/p>\n\n\n\n<p><strong>Technology<\/strong><\/p>\n\n\n\n<p>\u2014<strong> Challenges<\/strong><br>During the session, ECLAC analyzes three transformations: the digital revolution and artificial intelligence, regional integration and macroeconomics and stated that the challenge is not simply to use more artificial intelligence, it is to ensure that this technology raises the productivity of our economies, strengthens companies, generates innovation and contributes to overcoming the trap of low capacity to grow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economic Commission for Latin America and the Caribbean (ECLAC) highlighted the Dominican Republic as one of the exceptions in the region for its economic growth and presented the RD 2036 Goal initiative as an example of how a country&#8230;<\/p>\n","protected":false},"author":9,"featured_media":12657,"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-12659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECLAC considers Dominican Republic an exception 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