Administrative Minister for the Presidency Jose Ramon Peralta says that the Dominican gross domestic product (GDP) will end 2014 with a growth rate of nearly 7%. This could be the highest growth in the Americas. Peralta announced that the rate of growth could be even stronger in 2015 because of outstanding performance in the sectors of farming, tourism, remittances, manufacturing, and direct foreign investment.
Peralta made the announcement during a luncheon with the economic editors of Dominican newspapers at the Presidential Palace yesterday, Wednesday, 10 December 2014. During the event, Presidential Press Director Roberto Rodriguez Marchena said that while growth was consistent across all sectors, the mining sector led the way with a 24.1% growth rate, followed by construction at 10.7%, hotels, bars and restaurants at 8.2%. He also pointed out the impact this economic growth is having on reducing unemployment, stating that some 235,600 new formal jobs had been created between August 2012 and August 2014.
http://www.listindiario.com/economia-and-negocios/2014/12/10/348663/Gobierno-preve-PIB-crecera-7