
(AGENPARL) – mer 05 luglio 2023 [Press Releases](http://www.imf.org/cgi-shl/create_x.pl?pr)
[Open in your browser](https://www.imf.org/en/News/Articles/2023/07/05/pr23257-imf-concludes-2023-article-iv-consultation-with-dominica?cid=em-COM-123-46863)
https://www.imf.org/en/News/Articles/2023/07/05/pr23257-imf-concludes-2023-article-iv-consultation-with-dominica?cid=em-COM-123-46863
[IMF Executive Board Concludes 2023 Article IV Consultation with Dominica](https://www.imf.org/en/News/Articles/2023/07/05/pr23257-imf-concludes-2023-article-iv-consultation-with-dominica?cid=em-COM-123-46863)
JULY 05, 2023
https://www.imf.org/en/News/Articles/2023/07/05/pr23257-imf-concludes-2023-article-iv-consultation-with-dominica?cid=em-COM-123-46863
The Dominican economy is recovering strongly following the pandemic. Real GDP growth is estimated to have reached 6.9 percent in 2021 and 5.7 percent in 2022, driven by construction of climate-resilient infrastructure, a partial rebound in tourism, and a substantial rise in agricultural output. High global commodity prices and shipping costs pushed inflation up to an estimated 7.5 percent in 2022, despite mitigating fuel price policies. The current account deficit remained elevated, at 26 percent of GDP, due to unfavorable terms of trade, large imports of investment goods, and incomplete recovery in tourism receipts.
[READ MORE](https://www.imf.org/en/News/Articles/2023/07/05/pr23257-imf-concludes-2023-article-iv-consultation-with-dominica?cid=em-COM-123-46863)
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