Santo Domingo.- The Minister of Finance and Economy, Magín Díaz, highlighted that the Dominican Republic is enjoying solid and sustainable macroeconomic stability, supported by US$14 billion in international reserves and an estimated US$4.8 billion in foreign investment. Speaking at the Master Lecture by Lic. Salvador Ortiz at the Pedro Henríquez Ureña National University (UNPHU), Díaz noted that these strong fundamentals have helped maintain a stable exchange rate, access financing on favorable terms, and keep country risk at historic lows.
The minister contrasted the country’s internal stability with global economic challenges, particularly U.S. trade and fiscal policies, which have slowed international growth. He pointed out that the U.S. economy is growing at half its historical pace and faces inflationary and debt pressures affecting emerging markets. Díaz also recalled that since 2001, the Dominican Republic has improved its sovereign debt issuance, moving from five-year bonds at 9% to terms of up to 40 years under better conditions, reflecting growing investor confidence.
Díaz reaffirmed his commitment to Goal 2036, aimed at removing growth constraints and preparing the country for eventual OECD membership through concrete fiscal, institutional, and social reforms.