NewsWhore
01-25-2007, 06:10 PM
The Central Bank is forecasting a 6% growth in its Monetary and Financial Program for 2007. The program's executive summary is published at www.bancentral.gov.do/politica_monetaria.asp?a=Programa_Monetario
Projections are subject to oil price fluctuations on the world markets, the revenues derived as a result of the tax increases early this year, and the effects of this year's DR-CAFTA implementation on the price index. Hard currency generators such as remittances, tourism and direct foreign investment were up in 2006. International net reserves stand at US$1.78 billion. These are expected to increase in 2007. Inflation in 2006 was 5%.
More... (http://www.dr1.com/index.html#1)
Projections are subject to oil price fluctuations on the world markets, the revenues derived as a result of the tax increases early this year, and the effects of this year's DR-CAFTA implementation on the price index. Hard currency generators such as remittances, tourism and direct foreign investment were up in 2006. International net reserves stand at US$1.78 billion. These are expected to increase in 2007. Inflation in 2006 was 5%.
More... (http://www.dr1.com/index.html#1)