DomRep Addresses Fiscal Challenges

DomRep Addresses Fiscal Challenges

Dominican Republic Economy & Policy Corporate & Sovereign Strategy

The Dominican Republic has been successful at a macro level at consolidating its fiscal position and deepening structural reforms, according to a JPMorgan report citing speakers at a seminar hosted by the bank. Growth surprised on the upside and the output gap closed considerably faster than expected, according to the report. The country is expected to adopt measures to help increase the tax ratio to 15% of GDP and lower the deficit. Electricity subsidies are being addressed, with the government

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial