Over the past 25 years, the Dominican Republic (DR) has experienced a remarkable period of robust economic growth, however the global shock triggered by the COVID-19 pandemic has significantly impacted the DR’s economy.
Over the past decade, economic growth in the Dominican Republic has substantially reduced poverty rates while supporting the expansion of the middle class. However, disparities in access to economic opportunities and public services remain deep. Poverty rates are persistently high in rural areas, and women face disproportionate challenges nationwide. The national poverty rate is projected to rise by at least 1.4 percentage points to 14.2% in 2020 (World Bank, 2020).
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