Investment, Rebounding Exports Will Drive Growth in Dominican Republic

• The Dominican Republic will maintain one of the highest real GDP growth rates in the Caribbean over the coming quarters even as economic activity slows from its 2018 high.
• An accommodative monetary policy stance will support foreign investment and business expansion, while exports will rebound as global headwinds level off.
• Fitch Solutions maintain its real GDP growth forecasts for the Dominican Republic of 4.7% y-o-y in 2020 and 4.5% in 2021, from an estimated 4.9% in 2019, though a US recession or domestic political unrest may weigh on economic activity in the short to medium term. 

 (Source: Fitch)