NewsWhore
10-24-2008, 04:50 PM
According to the Quisqueya Foundation the deficit on the nation's current accounts will increase by 150% by the end of the year. The deficit was 5.4% in 2007, will register 13.5% in 2008 and will be 12.4% in 2009. According to economists Frank Valenzuela and Hector Frias, theIMF estimates that the Dominican economy will decelerate by 44.7% by the end of 2008, going from 8.7% growth in 2007 to 4.7% growth in 2008 and will only grow 2.8% in 2009. The economist voiced the common adage that when the US catches a cold the DR gets pneumonia.
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More... (http://www.dr1.com/index.html#4)