1996News

Economic growth

The World Bank (WB) estimates that the 1996 gross domestic product (GDP) and the inflation rate of the Dominican Republic will be 5% and 6%. The D.R. will be the second Latin American country with the highest economic growth this year. Meanwhile, the Central Bank estimates that GDP growth and inflation rate are to be 5% and close to 7%. Also according to the WB, the country’s GDP growth for 1997 will be 4% and will not show any changes in 1998.