SANTO DOMINGO – On Monday, Dominican Republic President Luis Abinader gathered top leaders from the country’s key productive sectors for a high-stakes meeting at the National Palace, where officials and private representatives aligned on strategies to buffer the national economy and everyday consumers from the ripple effects of unpredictable global market shifts.
The closed-door working session centered on three core priorities: updating the national standardized price table, evaluating the latest trends unfolding across international commodity markets, and coordinating targeted interventions that can curb the spillover damage of global economic volatility. A particular focus of the discussion was addressing ongoing swings in global oil and natural gas prices, a key driver of inflation and cost of living pressures that have impacted economies around the world in recent years.
Speaking after the meeting, Abinader highlighted that sustained, open dialogue between the national government and the country’s commercial, industrial, agricultural, and broader business communities has already proven instrumental in forging broad consensus. These cross-sector discussions have also produced actionable recommendations that reinforce existing government policies aimed at insulating the Dominican economy from external economic shocks, he noted.
The president emphasized that ongoing collaboration between public officials and leading organizations representing business, manufacturing, trade, and agriculture remains non-negotiable for protecting the nation’s hard-won economic stability, and shielding household budgets from the weight of international economic pressures. Attendees at the gathering included multiple senior government officials, alongside leadership representatives from the Dominican Republic’s most prominent industry groups: the National Business Council (CONEP), the Association of Industries of the Dominican Republic (AIRD), the National Business Owners Organization (ONEC), the National Union of Agricultural Producers (ÚNASE), and the Dominican Agribusiness Board.