The Dominican Republic needs channel resources For him development And for this it requires strengthening its levels of Fiscal collection and improve the quality and efficiency of public spending. The recommendation of the Economic Commission for Latin America and the Caribbean (ECLAC) arrives at a time when the country records a economic slowdownwhich would place growth in 3.7 % this year, according to estimates of the agency itself.
In terms of Collection strengtheningthe person in charge of the Economic Development Division of the ECLACNoel Pérez, suggested to the national authorities to execute actions aimed at reducing the Tax evasion and evaluate the Tax expenses To rationalize them.
Pérez, who spoke during the presentation of the new edition of the Annual Report “Economic Study of Latin America and the Caribbean 2025. MOBILIZATION OF RESOURCES FOR THE FINANCING OF THE development”He said that it is very important for the country to expand the fiscal space and prioritize high -impact projects.
The Executive proposed to complement public spending on projects with the Private investment attraction towards key areas, such as infrastructure, energy and sustainability.
Despite the economic slowdownthe ECLAC He estimates that the country will be the Sixth economy Growth in Latin America and the Caribbean This year.
THE NEW PROJECTIONS OF THE ORGANISM They represent a low DE 0.8 percentage points in relation to 4.5 % that had projected in April of this year.
Scenario 2026
Meanwhile, he advances that in 2026 the Gross Domestic Product Expansion Dominican is located in 4.8 %, the second of greatest rise in the region, only behind Guyanathat would grow 20 %.
However, Noel Pérez clarified that External factorsmainly from USAcould influence the Dominican economy next year.
“The country’s economic behavior will depend on the behavior of the External demandparticularly of the American economy, as well as the evolution of the scenarios in commercial and migratory matters, ”he warned.
Citi: RD with Better performance
The Dominican Republic is emerging as one of the economies with Better performance in Latin America and the Caribbean In 2025, with growth levels among the highest in the region (4.7 %), only surpassed by Argentina (5.3 %), which is in a rebound phase after a deep recession.
The data is contained in the economic projections of the firm Citi Research presented by Ernesto Revilla, chief economist of Citi For Latin America, and Esteban Tamayo, economist for Chile, Colombia, Peru, Central America and the Caribbean.
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Revilla explained that Latin America is still very resilient to behavior and global uncertainty because it has good foundations and tariffs have not hit it as much as other regions. He also said that Latin America is well positioned in current commercial reconfiguration because it can be a good substitute for the imports that the United States performs from other regions of the world.
