SANTO DOMINGO — The Dominican Republic’s public debt has climbed by US$3.75 billion in the first four months of 2025, reflecting a 6.52% increase since the start of the year. The data, released by the General Directorate of Public Credit, reveals that total debt for the Non-Financial Public Sector (SPNF) now stands at US$61.34 billion—continuing a steady upward trend that began accelerating in 2022.
When combined with the Central Bank’s obligations, which currently total US$16.29 billion, the country’s consolidated public debt reaches an all-time high of US$77.63 billion. This figure represents an 18% jump—or US$9.48 billion—since 2022, when the total debt was US$51.85 billion.
Economists point to several contributing factors: persistent fiscal deficits, rising interest payments on existing loans, and challenging global financial conditions, including higher international interest rates. These pressures are intensifying concerns about the government’s ability to sustainably manage its debt while maintaining critical public services.
The growing debt burden has prompted calls from financial analysts and civil society groups for enhanced fiscal discipline and a shift toward more sustainable borrowing practices. Experts warn that failure to rein in debt growth could strain the national budget, increase debt servicing costs, and compromise the Dominican Republic’s long-term economic resilience.
As the country grapples with this financial challenge, government officials are expected to review fiscal policy measures aimed at balancing public investment needs with responsible debt management—crucial steps to ensure future economic stability.
