IMF asks the Government for prudence with Public-Private Partnerships in strategic projects

The International Monetary Fund’s technical mission that recently visited the country within the framework of the Article IV consultation for 2025, recommended that the Dominican government be prudent in the use of the Public-Private Partnership modality, especially in strategic infrastructure projects.

The IMF also asked to firmly apply the recently amended Law 47-25 on Public Procurement of the Dominican Republic.

The organization made these recommendations understanding how the efficiency of spending could be increased by strengthening the management and resilience of public investment.

They also stated that in the medium term, the reforms should be based on the continuous efforts of the authorities to further strengthen policy frameworks and promote structural measures to encourage private investment, inclusive growth, and job creation.

The constant dialogue between stakeholders (public sector, private sector, and civil society) bodes well for these initiatives.

The visit of the International Monetary Fund (IMF) delegation began in early September with a tour to assess the Dominican economy, bringing the discussion of a fiscal reform in the Dominican Republic to the table.

The mission held meetings with the Governor of the Central Bank, Héctor Valdez Albizu; the Minister of Finance, Magín Díaz, and other senior officials and representatives of civil society and the private sector. The team wishes to express its sincere gratitude to the authorities for their exceptional hospitality, their full cooperation, and an open, frank, and productive dialogue.