Dominican Republic's Economy Praised by Major Rating Agencies and Banks

International rating agencies and banks highlighted the strength of the Dominican Republic’s macro‑economic fundamentals and fiscal outlook. J.P. Morgan raised its 2026 growth forecast for the country from 3.5% to 4.3%, citing more robust performance than expected. Bank of America upgraded its recommendation on Dominican sovereign debt, pointing to a strong tourism sector that supports growth and makes Dominican bonds attractive to investors. Fitch Ratings noted that the newly approved Law 30‑26 on economic growth measures, fiscal simplification and crisis mitigation will help offset higher international oil prices and improve public‑finance sustainability. Santander added that the anticrisis plan enhances fiscal flexibility, reduces risks to public accounts and improves liquidity and debt‑sustainability indicators, raising the prospect of future credit‑rating upgrades. Finance Minister Magín Díaz said the convergence of these independent assessments “confirms that the policies implemented by the Government continue to strengthen market confidence.”