World Bank Projects 3% Economic Growth for Dominican Republic by 2025

World Bank Projects 3% Economic Growth for Dominican Republic by 2025

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The World Bank forecasts a 3% economic growth for the Dominican Republic by 2025, driven by consumption and investment alongside structural reforms in energy and water sectors.

Why It Matters

This growth projection is significant as it reflects the Dominican Republic's recovery trajectory following economic disruptions. The focus on structural reforms in critical sectors like energy and water may enhance efficiency and sustainability, impacting various stakeholders. Observers should monitor the implementation of these reforms and their effects on the economy moving forward.