The IMF’s recent review noted that the Dominican Republic’s economy slowed to 2.4% growth in 2023, influenced by global financial tightening and subdued exports. Inflation aligned faster than expected with the 4±1% target by May 2023, prompting the central bank to reduce rates and enhance exchange rate flexibility. The fund noted that the current account deficit (3.6% of GDP), driven by lower imports and robust travel receipts, was fully offset by FDI, maintaining stable market access.