ArrayDominican Republic

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Joined EITI in 2016
Последние данные от года 2016
Веб-сайт EITI Dominican Republic
Last updated 21 August 2019

Overview

The Dominican Republic continues to be one of the best performing countries in Latin America in economic terms, with an average GDP growth of around 7% in the period of 2014-2016. Growth in 2017 was 4.6 percent, GDP is expected to grow close to 5 percent in 2018 and maintain this rate in the near future. 

The extractive sector contributed 2% and 1.9% of total GDP in 2016 and 2017. However, the sector contributed 3.22% of fiscal revenues in 2016. Extractive exports represented 42% of total exports in 2016 and 40% in 2017. The main two commodities are gold and ferronickel. There are two large mining operations in the country, Pueblo Viejo, the country’s largest gold mine and Falcondo. Hydrocarbon exploration is promoted. 19,000 km of 2D geological information is publicly available at the National Hydrocarbons Data Base. Forthcoming bidding rounds will be based on open contracts. 

The following figure illustrates the contribution of the extractive sector to the Dominican Republic exports in years 2010 to 2017:

The EITI is part of the government’s transparency framework in its effort to develop the extractive resources.

A number of civil society organizations oppose the expansion of the extractives after the legacy of environmental and social erosion of historical mining exploitation.

Extractive industries contribution

  • 1.9 %
    to GDP (2017)
  • 40 %
    to exports (2017)
  • 9 983
    employment
EITI transparency is good for countries, good for governments, and good for companies because it gives guarantees that ensure the sector is being managed under a global standard.
Maritza Ruiz, Observatory of Public Policy, Autonomous University of Santo Domingo

Production and Exports

Extractive sector in Dominican Republic is focused in mining with the main minerals being gold, silver, nickel and bauxite. 

Mining

To view production by commodity, volume and value, visit the visualization tool in the Dominican Republic EITI webportal.

To view exports by commodity, volume and value, visit the visualization tool in the Dominican Republic EITI webportal.

Hydrocarbon

Development of the hydrocarbon sector is high in the government’s agenda. The first National Hydrocarbons Data Base, available in open source, contains 19 000 kms of geological information.  

Initializing chart.

Initializing chart.

Data provided by the Central Bank of the Dominican Republic 

Revenue collection

Revenue collection: revenues over time

Initializing chart.

Reconciled revenues by top 5 companies

Implementation

The Dominican Republic was admitted as an EITI Candidate country on 23 February 2016 at the 32nd EITI Board Meeting in Lima. The country implements the EITI as per the agreed work plan 2017-2019. In accordance with the EITI Standard, the Dominican Republic published its first EITI Report by 23 August 2017. 

On 28 December 2018, the Dominican Republic published its second EITI Report via the EITI-RD portal including the reconciliation of payments and revenues conducted by Deloitte.

Governance

The Dominican multi-stakeholder group is preceded by the Minister of Energy and Mines, Antonio Isa Conde. As per the country's Candidature application, the Multi-stakeholder Group (MSG) agreed the national EITI principles and approved their own Terms of Reference. The MSG was established by the Decree 248-16 and functions as per the structure below.

EITI Champion: Minister of Energy and Mines

Deputy EITI Champion: Deputy Minister of Hydrocarbons

Government representatives

  • Deputy Minister of the Presidency of Follow up and Government Coordination
  • Alt. Responsible for Intergovernmental Coordination
  • Deputy Minister of Finances for Tax Policy
  • Alt. General Director for Policy and Tax Legislation, Minister of Finances
  • Deputy Minister of Planning
  • Alt. Sector Analyst at the General Direction of Economic and Social Development, Minister of Economy, Planning and Development

Industry Representatives

  • Manager for Governmental Relations, Barrick PVDC
  • Alt. Consultant Secretary, Compañía Dominicana de Cales, S.A (DOCALSA)
  • Senior Specialist of Interinstitutional Relations, Falconbridge Dominicana (FALCONDO)
  • Alt. Manager of Environmental Affairs, Compañía de Cemento PANAM (Grupo Estrella)
  • Legal Director, Corporación Minera Dominicana (CORMIDOM)
  • Alt. Excecutive Director, Asociación Dominicana de Productores de Cementos Portland (ADOCEM)
  • President, Cámara Minera-Petrolera de la República Dominicana, Inc. (CAMIPE)
  • Alt. Secretary of the Board, Cámara Minera-Petrolera de la República Dominicana, Inc. (CAMIPE)

Civil Society

  • Excecutive Director, Participación Ciudadana (Transparency International national chapter)
  • Alt. President, Fundación Cuayá
  • Researcher ODPP-Universidad Autónoma de Santo Domingo
  • Alt. Secretary, Colegio Dominicano de Economistas (CODECO)
  • Coordinator, Organización Articulación Nacional Campesina
  • Alt. Spokesperson, Fundación para la Protección del Medio Ambiente Vida y Salud
  • General Coordinator, Fundación Guayacán de Energía y Medio Ambiente, Capítulo GEMA AMBIENTAL
  • Alt. Treasurer, Sociedad Dominicana de Geología (SODOGEO)

The EITI Dominican Republic, as per Decree 248-16, has a national Technical Secretariat and a Technical Committee that provide support and advise to the MSG.

Timeline

Dominican Republic Timeline

Validation

Dominican Republic's Validation against the Standard has commenced on 1 January 2019. The country was admitted as EITI candidate in 2016.