The Central Bank revised downwards the real GDP growth expectations for 2025, for the fourth consecutive month, projecting a growth of 4.30% by the end of the year in the report of that month.
“Furthermore, a greater dispersion in forecasts and a downward bias are observed,” says the Central Bank in its Macroeconomic Expectation Survey corresponding to the month of April.
The GDP growth projections were 5.0% at the beginning of the year (January), but have been gradually decreasing since then.
In February the estimate fell slightly below potential, with a median of 4.8%, and in March it decreased to 4.50%.
When reporting the results for March, a month in which a year-on-year growth of 5.4% was recorded, well above the first two months of the year, the entity pointed out that the performance of the third month of the year contributed to the accumulated increase in the economy being 2.7% in the first quarter, which constitutes an improvement compared to the average growth of 1.5% that was evident in the first two months of the year.
He also explained that, as has been demonstrated on previous occasions, the Dominican economy exhibits great resilience and has known how to recover quickly from episodes of slowdown, once the climate of certainty returns and expectations stabilize, conditions necessary for the sustained growth of the economy.