World Bank Officials Praise Dominican Republic's Economic Stability
World Bank representatives lauded the Dominican Republic's economic and social performance during a meeting with President Luis Abinader, concluding a technical mission.
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World Bank representatives lauded the Dominican Republic's economic and social performance during a meeting with President Luis Abinader, concluding a technical mission.
Santo Domingo, Dominican Republic — The Dominican Republic has unveiled a new fund exceeding 106 million Dominican pesos to modernize agricultural irrigation systems across the nation. The National Irrigation Technification Directorate (TNR) and the Agricultural Bank (Bagrícola) announced the initiative, which includes eight calls for proposals scheduled through July 2026.
The Dominican government announced a RD$2.026 billion plan to renovate 496 schools nationwide through competitive bidding and lotteries, aiming to improve educational infrastructure by early 2026.
The Dominican government, through its National Treasury, has disbursed over 104 million pesos to 39 small agricultural producers, settling multi-year debts owed by the Price Stabilization Institute.
ProDominicana's executive director, Biviana Riveiro, will highlight the Dominican Republic's business potential at a key meeting in Lisbon in January 2026.
First Lady Raquel Arbaje, Industry Minister Yayo Sanz Lovatón, and Gildan República Dominicana inaugurated a new playground and baseball field in Santo Domingo province.
Santo Domingo, Dominican Republic – The Ministry of Energy and Mines and the state-owned Refidomsa have signed a key agreement to enhance the nation's hydrocarbon sector.
The Dominican Republic's financial system assets grew by 7.9% year-over-year in 2025, reaching 4.15 trillion pesos by December, driven by significant credit expansion.
President Luis Abinader on Saturday inaugurated a new regional university center in Neiba, Bahoruco province, significantly expanding higher education access for over 1,200 students in the Dominican Republic's southwestern region.
The Dominican Republic government will maintain stable prices for essential fuels during Jan. 17-23, 2026, through a 92.6 million Dominican pesos subsidy. LPG and diesel are among the fuels benefiting from the government's support.