The IMF reduces growth projection for the Dominican economy and makes recommendations

The International Monetary Fund (IMF) has revised its growth projection for the Dominican Republic’s economy in 2023 to 3%, down from its previous estimate of 4.2% in April. The IMF recommends that the country focus on improving credibility, enhancing the business climate to boost productivity, strengthening government management and social safety nets, and implementing reforms […]

Government seeks to remove sugar tariffs to counteract its price increase

To lower the cost of sugar, the Executive Branch submitted a bill to provisionally remove the tariffs paid for the importation of sugar and thus “respond to the increase in the prices of this product” after the storm Fiona, which hit the country in September 2022. The zero rate for sugar would be established for […]

China-Aid Project Rolls Out Six State-Of-The-Art Schools In Dominica

Construction has commenced on China-backed schools in Dominica, according to a recent report. The groundbreaking ceremony of the six schools, including the Goodwill Secondary School (GSS), was held on September 8, and was attended by the Chinese Ambassador to Dominica, Lin Xianjiang, the Dominica News Online reported. In a speech, Lin has said that the schools […]

PISLM/IICA takes action to focus on strengthening resilience of agricultural lands and forests

Partnership Initiative for Sustainable Land Management (PISLM) hosted a national consultation on June 28, under the Inter American Institute for Cooperation and Agriculture (IICA)/ PISLM and Project Sustainable Land Management in Dominica, focused on strengthening the resilience of agricultural lands and forests of the island. A letter of agreement between the IICA and the PISLM […]

Dominican Republic and China hold meeting to promote trade and investment

The Dominican Republic and the People’s Republic of China recently held their inaugural meeting of the Mixed Commission for Economic, Trade, and Investment Cooperation. This historic meeting took place in the Dominican Republic and covered various topics, including the economic situation of both countries, bilateral economic and trade relations, investment opportunities, and priority cooperation projects. […]


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