GDP grew by 8.2%

[NewsWhore]

The DR's Gross Domestic Product (GDP) grew by 8.2% during the first nine months of 2007, according to the latest report from Central Bank governor Hector Valdez Albizu. According to the governor, the data indicates that the Dominican economy "is continuing its recovery process." Valdez Albizu said that there has been sustained economic growth since 2005, averaging 9.4% over the last three years, a figure that surpasses most other Latin American economies. In his speech commemorating the 60th anniversary of the Central Bank, Valdez Albizu revealed that so far this year US$1.111 billion dollars had come into the country in the form of direct foreign investment, and another US$2.089 billion in the form of remittances.

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