JPMorgan Puts Dominican Republic Growth Near 4.5%
JPMorgan raised its 2026 growth forecast for the Dominican Republic to 4.5%, citing strong first-half performance and easing inflation. The post JPMorgan Puts Dominican Republic Growth Near 4.5% appeared first on The Rio Times .
JPMorgan has upgraded its growth forecast for the Dominican Republic to around 4.5% in 2026, slightly higher than its July projection of 4.3% and well above the central bank's forecast. The bank attributes this optimism to the country's strong first half of 2026, with growth at 6.4% and inflation easing to about 4.2% year on year.
JPMorgan's upgrade comes as the bank deepens its correspondent banking relationship with Banreservas, focusing on expanding investments in the Dominican Republic's energy sector, notably through a $902.3 million financing for the Manzanillo LNG-to-power project.
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