DR1 Daily News - Dominican Republic
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Central Bank Governor Hector Valdez Albizu reported on key indicators that confirm the Dominican economy is on a firm path to recovery following the economic crisis caused by the Covid-19 pandemic.
The Central Bank reports these indicators for the economy for January-June 2021:
• The Monthly Economic Activity Indicator for June was up 12.7% compared to June 2020. As reference the pre-pandemic period of June 2019, the increase would be 4.7% compared to June 2021.• The faster-than-expected recovery allows for an upward update of the growth projection for 2021 to a range between 9% and 10%.• The economic activities with the greatest expansion were: construction (42.2 %), free trade zones (31.7 %), local manufacturing (14.3 %), transportation and storage (13.7 %), mining (11.4 %) and commerce (10.7 %).• In June, 462,536 tourists entered the country, approximately 80% more...