Economy October 20, 2016 - 5:33 pm

Dominican economy grows 6.9% thru 3Q: Central banker

Santo Domingo.- Central banker Hector Valdez Albizu onThursday said preliminary figures show that Dominican Republic’s GDP grew 6.9% fromJanuary to September, an increase he affirmed is well above its potential .

Speaking to mark the Central Bank’s 69thanniversary, the official said the growth was paced by mining, with 22.3%,construction 12.2%, agriculture 10.6%, financial intermediation 10.4%, health8.2%, other service activities 7.1%, retail 6.7%, education 6.3%, hotels, barsand restaurants 5.9%, transport 5.3%, local manufacturing5.3%, among others.

Dollars

In reference to recent concerns over areported shortage of dollars, he official reiterated that the Dominican economyis generating enough of the US currency to meet demand of the variousproductive sectors.

COVID-19

January 11, 2025 - 7:28 am

Doctor questions quality of health care in the Dominican Republic

January 8, 2025 - 10:18 am

Call for action against unregulated plastic surgery in the Dominican Republic

January 7, 2025 - 2:08 pm

Surge in alcohol poisoning among minors during holiday season raises concern

January 7, 2025 - 11:25 am

Dominican government announces 25% salary increase for doctors

MOST READ

Tourism

A Tale of Two Islands: Youtubers from Cuba share their experiences in the Dominican Republic

Local

President Abinader takes it easy

Local

The Dominican Capital has a “Little Haiti” at its core

Local

Three Kings’ Day: A cherished tradition in the Dominican Republic

MORE NEWS

Local

Pro Consumidor demands Worldcoin delete irregularly collected biometric data

Tourism

Samaná implements measures for Humpback Whale season tourism

World

Haitian police arrest former deputy Profane Victor for alleged ties to criminal gangs

World

Colombia-Venezuela border reopens after temporary closure