According to the Dominican Republic central bank, remittances to the country in April saw a 6% YoY increase, accelerating from a 1.1% increase in March. From January to April, remittances showed a cumulative growth of 6.2% YoY, driven by the strong performance of the US service sector, which employs a significant number of Dominican immigrants, and the boost from US tax refunds, which enabled higher remittances.