With the Central Bank of the Dominican Republic announcing outstanding economic growth in the first quarter of 2021, the growing optimism is dimmed by the recent increase in Covid-19 cases in Greater Santo Domingo, San Cristobal and Santiago.
According to the Central Bank, in just April 2021 alone there was a 47% improvement over 2020. The first-quarter results were 3.3% better than those for 2019. The Customs Agency announces the start of 24-hour customs clearing, intended to boost commercial activities with the recovery. Compared to last year, tourism is up 140%, and construction jumped a whopping 566.7% year to year.
If the current spike in cases does not upset the applecart, there might be a really good second half of the year.
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El Caribe
30 May 2021