Dominican Republic on track for highest regional economic growth in 2024, says Macarrulla

Santo Domingo.- The former president of the National Council of Private Enterprise (CONEP) and the Association of Industries of the Dominican Republic (AIRD), Lisandro Macarrulla, has expressed positive opinions about the economic growth prospects of the Dominican Republic.

According to the latest report from the International Monetary Fund (IMF), the Dominican economy is projected to experience the highest growth in Central America in 2024, reaching an impressive 5.2%.

This forecast places the Dominican Republic at the head of economic growth in the region, followed by Panama with 4.0% and Guatemala with 3.5%.

Macarrulla attributed this notable economic stability to the successful management of the government, implemented through the Central Bank and the authorities responsible for the country’s economic and monetary policy.

He expressed confidence in the effectiveness and efficiency of the economic measures implemented by the government in the post-COVID-19 pandemic period, contributing significantly to establishing a favorable environment for growth, prosperity and social well-being.

Macarrulla highlighted the crucial role that the private sector plays in this positive scenario and praised its dynamism to promote new initiatives, attract investments and create employment and wealth in the Dominican Republic.

He highlighted the importance of continued collaboration between the private sector and government institutions to maintain and strengthen this path of economic development.

Macarrulla called for synergy between the public and private sectors to ensure sustainable and lasting growth that benefits all Dominican society.

He expressed confidence in the country’s economic future and encouraged continued collaboration to consolidate and expand these important achievements, promoting sustainable growth.

Macarrulla shared these views at the Tenth Business Convention, an important private sector consultation forum organized by CONEP.

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