Skip to content
Subscriber Only

DR Central Bank Chief Sees Foreign Flows Boosting Rebound

  • Nation sees strong foreign investment, bond demand on growth
  • Hector Valdez has been central bank governor for 25 years

The Dominican Republic, the Caribbean’s largest economy, is on track to see strong growth for a second straight year as foreign investment and surging tourism fuel its post-pandemic recovery, according to the central bank. 

The economy is likely to grow between 5.5% and 6% this year, also bolstered by emergency stimulus provided during the worst of the pandemic, said Hector Valdez, who has served as the bank’s governor for 25 years.