The IMF concluded the Article IV consultation with the Dominican Republic, highlighting the country’s impressive recovery from the pandemic. Economic activity expanded by 4.9% in 2022, with headline inflation rapidly returning to its target, falling from its April 2022 peak of 9.6% to 4.4% in May 2023. Despite global and domestic financial conditions tightening, the fund noted that the financial sector remains adequately capitalized, liquid, and profitable.