Predicted reduced economic growth

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The International Monetary Fund (IMF) is predicting a slight decrease in the economic growth of the Dominican Republic for 2007 and 2008. The predications place the Gross Domestic Product for 2007 and 2008 at 4.5% and 6% compared to a GDP in 2006 of 10.7%. The Consumer Price Index (inflation), which in 2006 was at 7.6%, is forecast to be 6% and 4.5% for 2007 and 2008, respectively. The current accounts deficit for 2007 and 2008 will also be affected, predicted at 2.2% and 1.6%. The current accounts deficit for 2006 was at 2.4%. These figures were reported by the IMF in their semester report, "World Economic Outlook," which was released yesterday. The report indicates that growth for the Central American and Caribbean region as a whole will be reduced by 5% in 2007.
http://www.imf.org/external/pubs/ft/weo/... (http://www.imf.org/external/pubs/ft/weo/2007/01/data/index.aspx)

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