NewsWhore
11-26-2009, 04:40 PM
Central Bank governor Hector Valdez Albizu says that the economy grew 2.1% during the first nine months of the year. He said the DR's growth should be considered satisfactory, especially when compared to the growth of other Caribbean and Central American countries.
He added that the economy grew by 3.4% during the period of June-September 2009, compared to the same period in 2008.
He shed a positive light on the DR's public debt, saying that the DR's public debt has gone from 29.1% to 25.3% of the GDP, since 2004, and that the external debt also saw a decrease since 2004, going from 24.5% to 15.9% of the GDP.
Nevertheless, he said that when the foreign debt of public financing institutions are taken into account, the percentage is 18%
More... (http://www.dr1.com/index.html#4)
He added that the economy grew by 3.4% during the period of June-September 2009, compared to the same period in 2008.
He shed a positive light on the DR's public debt, saying that the DR's public debt has gone from 29.1% to 25.3% of the GDP, since 2004, and that the external debt also saw a decrease since 2004, going from 24.5% to 15.9% of the GDP.
Nevertheless, he said that when the foreign debt of public financing institutions are taken into account, the percentage is 18%
More... (http://www.dr1.com/index.html#4)