Central Bank postpones activities due to Melissa; Payment System will continue operating normally

Due to weather conditions and government recommendations regarding the passage of Tropical Storm Melissa, the Central Bank rescheduled the solemn mass and the report on macroeconomic variables, the performance of the Dominican Economy, and the outlook for the end of the year 2025 for next Friday, October 24th.

Notwithstanding the suspension of these activities by the Central Bank, the Payment System operated by the institution will continue to function normally so that all users of the financial system can continue to make purchases and transactions.

The year-end closing information will be presented by the Governor of the Central Bank and Chairman of the Monetary Board, Héctor Valdez Albizu, on the occasion of the 78th anniversary of the creation and commencement of operations of the institution.

The economic growth expectations of the Gross Domestic Product (GDP) for the end of 2025 decreased to 2.75% in this month of October, according to the Macroeconomic Expectations survey published monthly by the Central Bank.

This figure reduces by 25 basis points the projected growth of 3.0% that was maintained during the last two months (August and September). From July to August the projection dropped from 3.6% to 3.0%.

The real GDP growth expectations for 2025 have been decreasing almost consecutively month after month since January, when a growth of 5.0% was projected.

However, as of October, 70.6% of the experts lowered the projection, attributing it to the recent decline in domestic demand and investment.

In the spotlight

  • aplicacion - banner 300px

  • banner altices 300x250 junio 2025

Explore more

Puerto Rico is considering withdrawing from the 2026 World Baseball Classic

San Juan.- The president of the Puerto Rico Baseball Federation, José Quiles, said this Saturday that they are considering withdrawing the team from the 2026 World Baseball Classic, after several star players did not receive permission to participate in the tournament. "If our players are not going to participate, if we cannot participate on equal […]

Journalist Don Lemon was accused of federal civil rights violations after covering a protest against ICE at a church

Los ángeles .— Journalist Don Lemon was released on Friday after being arrested and charged with violating civil rights at the federal level for his coverage of a protest against immigration that disrupted a service in a Minnesota church. Lemon was arrested overnight in Los Angeles, while another independent journalist and two protesters were arrested […]

Argentina negotiates with the U.S. to receive deported immigrants

Washington.- The United States and Argentina are in advanced talks to close an agreement that would allow the Donald Trump administration, U.S. president, to deport immigrants from other countries to the South American nation. It's not the first time the US executive has resorted to deportation agreements with third countries, as this is one of […]

Jeff Bezos' Blue Origin halts space tourism trips: new goal, the Moon

Blue Origin, the space exploration company founded by Jeff Bezos, announced on January 30th the temporary suspension of its space tourism flights aboard the suborbital rocket New Shepard. The company's new focus will be to accelerate the development of technologies and capabilities for manned missions to the Moon, in line with NASA 's plans to return and establish a stable […]

INVEROTEL President congratulates David Collado on achievements at FITUR

The CEO of the Piñero group states that she witnessed how her strategic vision is raising the standard of the sector Santo Domingo.- The president of Inverotel, an association that brings together the 16 Spanish families that own hotels in the country and Mexico, expressed her congratulations to the Minister of Tourism, David Collado, for […]

María Corina Machado asserted that the general amnesty is an "irreversible" step towards democracy in Venezuela

María Corina Machado, opposition leader and Nobel Peace Prize laureate, assured on Friday that the general amnesty law proposed by the acting president Delcy Rodríguez was not celebrated by Venezuelans, although “it is already an irreversible and unstoppable path towards democracy and towards reconciliation” in Venezuela. During the talk 'Let's Talk About Venezuela' at the Hay Festival in Cartagena […]