The split-up of the Partido de la Liberación Dominicana (PLD) into two parties in 2019 and ex-President Medina’s drive to reform the constitution to win another re-election threatened the political institutions and social peace. The postponed presidential elections in July 2020 generated an alternation in power after 16 years of PLD rule. President Abinader of the Partido Revolucionario Moderno took office on August 16, 2020, and also won a safe majority in the Senate and a near majority in the Chamber.

The Dominican Republic experienced long-term macroeconomic growth. However, the COVID-19 pandemic was a severe disruptive shock. The country is the most tourism-dependent in the region, and the potential economic consequences could be devastating.

President Abinader’s economic team signals continued priority for an economic transformation based on macroeconomic stability and growth. The new administration also supports poverty reduction, job creation, and social reform. The Medina and Abinader administrations have dealt relatively effectively with the COVID-19 pandemic.

Show country report