Ministry of Economy, Planning and Development

What Ministry of Economy, Planning and Development does

The Ministry of Finance and Economy of the Dominican Republic (Ministerio de Hacienda y Economía de la República Dominicana) is a government ministry operating under the executive branch of the Dominican Republic government, headquartered at Avenida México #45, Gascue, Santo Domingo. Created through Law 45-25 effective September 5, 2025, the ministry consolidated the former Ministerio de Hacienda with national economic planning functions, becoming the country's principal fiscal and economic authority. It holds exclusive statutory authority over public finance, taxation, customs, public debt, public procurement, casinos and gambling, hydrocarbons, and investment regulation, with no private or alternative operator permitted to perform these functions.

The ministry operates through ten wholly-owned dependent agencies: Tesorería Nacional (National Treasury), Dirección General de Contrataciones Públicas (DGCP), Dirección General de Presupuesto (DIGEPRES), Dirección General de Crédito Público, Dirección General de Impuestos Internos (DGII), Dirección General de Aduanas (DGA), Dirección de Casinos y Juegos de Azar (DCJA), Dirección General de Contabilidad Gubernamental (DIGECOG), Dirección General de Jubilaciones y Pensiones (DGJP), and Dirección de Concesiones y Exenciones Fiscales. It delivers services including Exequátur certification, tax exemptions, licensing, hydrocarbons regulation, gambling oversight, and bond renewals through physical service windows, digital portals (VUI for investment, VUC for construction, Servicios.gob.do for general services), and public-facing systems (Sistema 311, Sistema 911, SIGOB). All services are provided free of charge to citizens and businesses. The ministry also produces publications including the Plan Nacional Plurianual del Sector Público, SISDOM statistical system, Monitor energético, and Análisis del Desempeño Económico y Social.

As a government entity, the ministry is funded through general taxation rather than commercial revenue. Fiscal indicators as of July 2026 report Ingresos of RD$714,171.24 million and Gastos of RD$860,641.89 million, with Fuentes Financieras of RD$357,902.00 million and Aplicaciones Financieras of RD$61,973.21 million. The ministry serves all Dominican Republic government institutions, citizens, businesses, and foreign investors through its nationwide network of sub-agencies and digital portals. The current Minister is Magín Díaz (Ministro de Hacienda y Economía). The ministry holds NORTIC A2 web certification, NORDOM ISO 37001:2016 anti-bribery certification, NORDOM ISO 37301:2021 compliance certification, and IQNET international recognition.

Name

Ministry of Economy, Planning and Development

Legal name

Ministerio de Hacienda y Economía de la República Dominicana

Website

https://economia.gob.do

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

The Ministry of Finance and Economy of the Dominican Republic is the country's principal fiscal and economic authority, operating through ten sub-agencies to deliver taxation, customs, budgeting, procurement, and gambling regulation services to citizens, businesses, and government institutions nationwide.

Ownership category

akta.pro rank

Product category

Public Finance Administration

NAICS

Public Finance Activities (921130), Public Finance Activities (92113), Executive, Legislative, and Other General Government Support (9211)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC)

akta.pro secondary industries

Government Accounting & Financial Reporting (BPAIAEAD), Public Debt Management (BPAIAEAC), Financial Risk, Controls & Audit (Public Sector) (BPAIAEAH), Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB)

Keywords

• Public finance administration
• Fiscal policy management
• Government tax collection
• National budget planning
• Public procurement oversight

Headquarters

HQ city

Santo Domingo

HQ country

Dominican Republic

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Impuestos Internos (DGII): The Dirección General de Impuestos Internos collects domestic taxes including income tax, property tax, and selective consumption taxes. This is the largest domestic revenue stream for the government.
2. Aduanas / Customs Duties (DGA): The Dirección General de Aduanas collects import and export tariffs and duties at Dominican borders and ports.
3. Casinos y Juegos de Azar: Revenue collected from the regulation and taxation of casinos and gambling activities under the Dirección de Casinos y Juegos de Azar.
4. Servicios y Tasas: Fees collected for services such as Exequátur certifications, licenses, and bond renewals.
5. Hidrocarburos: Taxation and regulatory fees related to hydrocarbons (fuel) sector, administered under Ley 45-25.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

The Ministry of Finance and Economy (Ministerio de Hacienda y Economía) of the Dominican Republic is the principal government authority responsible for public finance and national economic policy. It administers core regulatory services including Exequátur, Exoneraciones, Expedición de licencias, Hidrocarburos oversight, Juegos de Azar regulation, and Renovación de fianzas, while coordinating fiscal revenue collection, national budgeting, public procurement, customs, internal taxes, and government accounting through its sub-agencies.

Product overview

The Ministry of Finance and Economy operates as a unified platform offering multiple government services and publications. The core services include Exequátur (foreign judgment recognition), Exoneraciones (tax exemptions), Expedición de licencias (licensing), Hidrocarburos (hydrocarbons regulation), Juegos de azar (gambling oversight), and Renovación de fianzas (bond renewal). These services are complemented by publications including the Plan Nacional Plurianual del Sector Público (national multi-year planning), SISDOM (statistical information system), Monitor energético (energy monitoring), and Análisis del Desempeño Económico y Social (economic analysis). The ministry also provides access to fiscal statistics through the Fiscal Transparency Portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Exequátur Service for recognition and enforcement of foreign court judgments and arbitral awards in the Dominican Republic, administered to citizens and businesses.
• Exoneraciones Tax and customs exemption services for qualifying entities and purchases under specific legal frameworks, handled by the Dirección de Concesiones y Exenciones Fiscales.
• Expedición de licencias Licensing services for regulated activities under the ministry's jurisdiction, issued to individuals and businesses engaged in monitored sectors.
• Hidrocarburos Hydrocarbons oversight including regulation of fuel imports, distribution, and pricing under Ley 45-25, targeting regulated industry operators.
• Juegos de azar Casino and gambling regulation services including licensing and compliance oversight through the Dirección de Casinos y Juegos de Azar.
• Renovación de fianzas Bond renewal services for regulated industries and activities, issued to compliant operators.
• Plan Nacional Plurianual del Sector Público Multi-year public sector national planning document establishing strategic objectives and budgetary frameworks for government institutions.
• SISDOM Information system providing economic and social statistics and indicators for the Dominican Republic.
• Monitor energético Energy sector monitoring publication tracking hydrocarbons, electricity, and renewable energy indicators.
• Análisis del Desempeño Económico y Social Economic and social performance analysis report covering fiscal, monetary, and social development indicators.

Quantifiable outcome

• Minister Magín Díaz noted the Dominican economy responds positively despite persistent uncertainty — indicating economic resilience under the ministry's policy management.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ministerio de Economía y Finanzas (Uruguay): Uruguay's MEF integrates economy and finance functions - macroeconomic policy, treasury, budget, taxation, and customs - under a unified authority closely mirroring the DR's 2025 reorganization under Law 45-25.
• Ministerio de Hacienda y Crédito Público (Colombia): Colombia's MHCP runs parallel directorates for tax (DIAN), customs, budget, public credit, and treasury - direct peer for revenue collection, debt management, and budget execution functions.
• Ministerio de Economía y Finanzas (Perú): Peru's MEF is a small-economy Latin American ministry that combines economy and finance: budget, treasury, taxation, customs, and public investment - a directly comparable regional peer.

Broad incumbents

• Ministerio de Economía (Argentina): Argentina's Ministry of Economy integrates treasury, tax authority (AFIP), budget, and economic policy, providing a Southern Cone peer for unified finance-and-economy ministerial structures.
• HM Treasury (UK): HM Treasury executes fiscal policy, budget oversight, and economic stewardship for the UK government - a peer in central fiscal authority and economic planning.
• Ministerio de Hacienda y Función Pública (España): Spain's Ministry of Finance and Public Function executes comparable functions: tax administration, budget, treasury, public procurement, and economic planning under a unified ministerial authority - a direct analog to the Dominican ministry's mandate.
• U.S. Department of the Treasury: The U.S. Treasury is the global benchmark for treasury, tax (IRS), customs (CBP), financial crimes enforcement, and public debt management - the structural analog for any finance ministry.
• Secretaría de Hacienda y Crédito Público (México): Mexico's SHCP combines treasury, tax authority (SAT), budget, public credit, and economic policy in a single federal ministry - structurally the closest Latin American peer to the Dominican Ministerio de Hacienda y Economía.
• Ministerio de Hacienda (Chile): Chile's Ministry of Finance handles budget, treasury, tax policy (Servicio de Impuestos Internos), and customs, providing a regional benchmark for fiscal transparency and treasury operations.
• Secretaría da Fazenda Nacional (Brasil): Brazil's federal treasury secretariat executes tax, customs, budget, and public credit policy at national scale, making it a comparable large-economy peer for treasury and fiscal administration functions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/minhaciendard
• YouTubeyoutube.com/channel/UCgpZYmyaZXDrg1lkevVUwxQ/featured
• Facebookfacebook.com/MinHaciendaRD
• LinkedInlinkedin.com/company/mineconomiard
• Instagraminstagram.com/minhaciendard

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ministry of Economy, Planning and Development