1999News

DR is model country for World Bank and IMF

The Dominican Republic will be declared a pilot country by international finance organizations, governor of the Central Bank, Hector Valdez Albizu announced. Valdez commented to the press upon returning from the International Monetary Fund and the World Bank meeting held recently in Washington that the IMF and the World Bank both think that the DR is today in a similar situation as Singapore was when its development took off. Both organizations are willing to support the development and reform projects in the DR.