IMF initiates consultation with the Dominican economy following the repeal of the tax reform

The Minister of Finance and Economy, Magín Díaz, received this Monday the delegation from the International Monetary Fund (IMF), which is in the country to conduct the annual review of Article IV of the Articles of Agreement corresponding to 2025.

The mission will remain in the Dominican Republic from September 1 to 12, during which time it will analyze the recent evolution of the economy, growth prospects and the main risks, with special emphasis on the fiscal and monetary sectors. It will also assess the impact of external factors on national economic performance.

The work program includes the review of the economic results of the first half of 2025, the projections for the second half of the year, as well as the main lines of the 2026 Budget, the medium-term fiscal framework and the public debt management and financing plans with a horizon up to 2035.

The mission is headed by Ricardo Llaudes, mission chief for the Dominican Republic, and includes Geraldo Peraza, Nate Arnold, Pamela Madrid-Angers, and Manuel Rosales Torres.

In addition to the meetings at the Ministry of Finance and Economy, he will hold meetings with authorities from the Central Bank of the Republic and other key organizations.

Along with the Minister of Finance and Economy, the vice ministers Camila Hernández, of Fiscal Policy; José Rijo, of Budget and Accounting; María José Martínez, of Public Credit; Derby De Los Santos, of Treasury and Heritage; Martín Francos, of Planning and Public Investment, and Alexis Cruz Vidal, of Economy, participated.

Also present were Romeo Ramlakhan, Chief of Staff; advisors Jerónimo Roca and Martín Zapata; along with Rafael Jovine and Odilys Hidalgo, from the General Budget Directorate (DIGEPRES).

The Article IV consultation is a process that the IMF regularly conducts with its member countries, with the aim of evaluating economic performance, analyzing current policies, and offering technical advice that contributes to macroeconomic and financial stability, benefiting both each nation and the international monetary system.

The agenda will conclude on September 12 with a closing meeting at the headquarters of the Ministry of Finance and Economy, where the preliminary conclusions and recommendations derived from this evaluation will be presented.

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