Author Description

This document outlines the main achievements of the Technical Assistance Project led by the IMF’s Institute for Capacity Development in the Dominican Republic from January 2023 to September 2024. The project supported capacity building in macroeconomic forecasting and analysis within the Ministry of Finance (MoF) and facilitated the development and implementation of a macroeconomic projections tool grounded on Financial Programming principles. Significant gains have been observed in the MoF team’s ability to independently operate this tool, and by the end of the project, early signs of its incorporation into the policy process are encouraging. Additionally, the document outlines recommendations to foster its use for policymakers which were discussed with the authorities during the end-project mission. Overall, the project outcomes are expected to positively contribute to the quality of the medium-term macroeconomic and fiscal frameworks.