May 14, 2019
The Dominican Republic’s economic growth slowed to 5.7% in 2019’s first quarter from 6.4% a year earlier, according to central bank governor Héctor Valdez.
Speaking at LatinFinance’s 4th Caribbean Finance & Investment Forum in Santo Domingo, Valdez said that economic growth would exceed 5.5% in 2019. That’s down from the unexpectedly strong 7% expansion in 2018, a pace not seen since 2015.
Growth had been expected to moderate in 2019 but remain strong, thanks largely to the Caribbean country
Valdez forecasts 2019 economic growth will exceed 5.5% in 2019, down from 7% in 2018