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[BUSINESS] · Dominican Republic · 4 sources

Dominican Republic forecasts near‑5% economic growth and reports high child literacy rates

The Dominican Republic’s government announced that the national economy is expected to grow by about 4.8% next year and close to 5% by 2027, according to Vice‑Minister of Economic and Social Analysis Alexis Cruz. Cruz highlighted that inflation is projected to converge on the central bank’s target and that capital spending will remain a priority to sustain dynamism.

A separate statistical report from the National Statistics Office showed that 88.8% of Dominican children aged five and older can read and write, while literacy among 15‑ to 24‑year‑olds reaches 97.2%. The data also revealed a gap between income groups, with 91.2% literacy in the lowest‑income quintile versus 99.4% in the highest.

Both releases are intended to guide public policy, emphasizing economic resilience and the importance of education for future development.