2015News

Record low petrol price provides relief for DR

The Central Bank estimates the Dominican Republic will enjoy savings of 35% on its oil bills, given the recent drop in petrol prices. The Central Bank reported that the country would save US$1.37 billion in oil purchases. This means oil purchases will be 14.9% of total imports, when last year they represented 25.1% of total imports.

http://www.bancentral.gov.do/noticias/pag_abierta/archivos/bc2015-01-26.pdf