Moody’s affirmed the Dominican Republic’s credit profile, citing strong growth dynamics and contained liquidity risks despite weak fiscal and institutional strength. The economy grew 5.0% in 2024 and is expected to sustain growth in 2025. The central bank’s tight monetary policy in 2022 helped bring down inflation, which stayed within the 4% target range in 2024, with a YoY rate of 3.3% in January 2025. The government achieved a fiscal deficit target of 3.1% of GDP in 2024, with a target of 3.0% in 2025.