2019News

Public debt soars

Central Bank

In only three months, between March and June 2019, the consolidated public debt of the Dominican Republic has increased by US$2 billion. It now stands at US$44 billion, according to official figures published in Diario Libre newspaper. This amount includes the non-financial public debt and that of the Central Bank.

The newspaper highlights that public debt now represents 50.5% of the Gross Domestic Product (GDP). The public debt has increased by US$5.6 billion since the same period last year. The statistics show a significant increase in the public debt of US$582.5 million from March to June this 2019.

Read more in Spanish:
Al Momento
Diario Libre

7 August 2019