Minister of the Presidency Joel Santos announced the Abinader administration expects 4.75% increase in Gross Domestic Product by the end of 2024. Santos said that public investment will be key to economic growth. He made the remark during the first Council of Ministers held at the Presidential Palace with the presence of President Luis Abinader.
Santos said inflation was controlled in 2023 with monetary policies. Inflation closed at 4% in 2023.
Meanwhile, the World Bank says growth in the Dominican Republic was 2.5% in 2023, with growth estimates of 5.1% in 2024.
Read more in Spanish:
El Dia
Hoy
Diario Libre
El Caribe
10 January 2024