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View Full Version : NG plays down effects of recession



NewsWhore
04-15-2008, 06:20 PM
Haivanjoe Ng Cortinas, Superintendent of Securities, expects the effects of a recession in the US to be minimal in the DR economy. At a presentation at INTEC university, he commented on the linkages between Gross Domestic Product, remittances, foreign investment, GNP, free trade zone exports and national exports. He said that the travel sector has the most weight in the economy and he forecast sustained growth in the flow of tourists from the US would carry over the effects of the recession.

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