2016News

IMF: DR economy is vibrant

The International Monetary Board has praised the Dominican economy for what it describes as its “vibrant performance” in its report on its latest consultation with the Dominican economic authorities. The report highlights that growth has averaged over 7% during 2014-15 fueled mainly by domestic demand. The forecast, nevertheless, is for growth to slow to 5.4% …
2016News

Reformist Party owes money

The PRSC owes more than RD$30 million to several media companies. The once-powerful party during the Joaquin Balaguer administrations is more than eight months behind in its payments and according to some sources its relationships with the media are deteriorating. Most of the debt is for advertising and the situation has arisen despite press reports …