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.