Dominican Republic

BMI View: After a good performance last year, the tourism sector is rapidly asserting itself as a key player in the Caribbean.

BMI View: Following a bout of sharp appreciation, the Dominican peso has started to fall off since mid-December, closing on January 2 at DOP33.08/US$. The reversal in the peso's fortunes... 2007-01-09

The opposition Partido Revolucionario Dominicano (PRD) has announced that its primary elections will take place on January 28. At this point, former Public Works minister Miguel Vargas... 2007-01-07

BMI View: Since unveiling his 2007 fiscal reform package in mid-November, President Leonel Fernández's administration has started to feel the burden of trying to keep all parties... 2006-12-08

BMI View: The current account deficit came in at an accumulated US$436.4mn (equivalent to 1.6% of GDP) in the first three quarters of 2006, representing a 77.5% y-o-y increase from... 2006-12-04

According to a recent poll carried out by Gallup, the public remains concerned about the country's financial situation, despite the recovery in economic growth in 2006. The 1,200... 2006-12-04

BMI View: Despite recent short-term weakness, our relative optimism on the peso's long-term potential is founded upon the rapid recovery in the country's economic fortunes, following... 2006-12-04

President Leonel Fernandez visited Washington in October, in order to speed up the implementation process of DR-CAFTA. The trade pact was originally signed in August 2004, but has... 2006-11-02

BMI View: The Dominican peso weakened significantly in October, to DOP33.35/US$ on October 30, compared to DOP32.65/US$ in mid-September. We believe that our 2006 year-end forecast... 2006-11-02

The Dominican Republic participated as a member of the Non-Aligned Movement Summit for the first time in September. President Fernández used the platform to canvass support for a... 2006-10-10