Dominican Republic's New President To Maintain Pro- Investment Policies

  • President-elect Luis Abinader will maintain business-friendly policies in the Dominican Republic as he takes office in the middle of the Covid-19 pandemic.
  • Fitch Solutions has revised up its Short-Term Political Risk Index score to 67.0 out of 100, from 65.9 previously, as the transition of power from the Partido de la Liberación Dominicana (PLD) to the Partido Revolucionario Moderno (PRM) supports political stability.
  • The new administration’s biggest challenges will be fulfilling campaign pledges to combat corruption and narrow the country’s fiscal deficits.

(Source: Fitch Solutions)