Saturday, February 7, 2026

World Bank Highlights Dominican Republic's Stability and Sustained Growth

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Santo Domingo.– Representatives of the World Bank highlighted this Tuesday the macroeconomic and political stability of the Dominican Republic, as well as its sustained economic growth, after a meeting with President Luis Abinader at the National Palace, which concluded a technical mission carried out in the country. The delegation described the government's work to maintain growth and advance poverty reduction and wage increases as "very impressive." They highlighted that the country has achieved growth exceeding 5% over the last 30 years, a goal achieved by very few nations worldwide.

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Diana Alarcón, representative of the World Bank's Board of Directors, positively valued the projects financed by the organization and pointed out opportunities to strengthen cooperation in areas such as social programs, support for SMEs, tourism, energy and commercial banking. For his part, Marcos Chiliatto highlighted the progress in social indicators, such as the reduction of hunger and the strengthening of employment and labor training policies, and pointed out that future challenges are linked to the increase in productivity through improvements in infrastructure, education, energy and connectivity.

The meeting reaffirmed the Dominican Government and the World Bank's commitment to continue an active cooperation to promote sustainable development and the well-being of the population.

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