At a meeting which took place in Belo Horizonte, Brazil, the Dominican Republic finished its review of the IMF letter of intent that will go before the IMF board of directors on 8 May. The review of the letter of intent took place during the XLVII Meeting of the Governors of the Inter-American Development Bank (IDB). The Dominican economic team included Temistocles Montas, Vicente Bengoa and Hector Valdez Albizu. According to a note from the Central Bank’s Public Relations Department, the IMF officials congratulated the team for the good performance of Dominican economic indicators over the last year and a half. They highlighted the 9.3% GDP growth, the low inflation rate of 7.4%, the stability of the exchange rate and the restructuring of the foreign debt.