Dominican Republic : 2017 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for the Dominican Republic.

This 2017 Article IV Consultation highlights the Dominican economy's strong growth momentum over the past three years, which is now beginning to taper off toward potential. Growth has averaged 7 percent since 2014, outperforming most emerging market economies and all economies in the Americas,...

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Bibliographic Details
Corporate Author: International Monetary Fund. Western Hemisphere Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Staff Country Reports; Country Report ; No. 2017/254
Online Access:Full text available on IMF
Description
Summary:This 2017 Article IV Consultation highlights the Dominican economy's strong growth momentum over the past three years, which is now beginning to taper off toward potential. Growth has averaged 7 percent since 2014, outperforming most emerging market economies and all economies in the Americas, buoyed by domestic demand. Real GDP expanded by 6.6 percent in 2016. The economic outlook is favorable. Growth is expected to slow toward the potential rate of about 5 percent from 2017 onward, while the recent rise in fuel prices will push inflation to target and will widen the current account deficit moderately from 2017 onward. Risks around this baseline outlook are balanced.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (69 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students