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View Full Version : Economist EIU report lowers DR rating



NewsWhore
10-30-2008, 05:20 PM
The Dominican Republic was included in the list of five of the 20 Latin American and the Caribbean countries that have had "major setbacks" in their strengths and weaknesses on the business scene, according to the Microfinance 2008 report developed by the Economist magazine's Economic Intelligence Unit for the Inter-American Development Bank's Multilateral Investment fund and the Andean Development Corporation.
The country fell from the fifth to ninth spot among the first fifteen and according to the report the main reason lies in the area of institutional development, which fell by 25 points in 2008 in relation to 2007. The index analyses the investment climate, the development of public institutions and the regulatory frameworks for microfinance. It was presented in Paraguay within the working sessions of the Forum on Microfinance, organized by Fomin on 8-10 October 2008.

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