2019News

Central Bank releases more legal reserves to stimulate economy

The Central Bank removed sectorial restrictions on RD$12.03 billion in legal reserves now cleared for lending by banks. The Central Bank authorized the funds to be used for home mortgages up to RD$15 million. In addition to home mortgages, the funds were cleared for exports, manufacturing, agriculture, commerce, small and medium-sized enterprises, consumer loans, and …
2019News

DR consumes millions of plantains and thousands of pounds of coffee each day

Agriculture Minister Osmar Benitez spoke on the state of Dominican coffee farming during an event held at the Technological Catholic University of Barahona (UCATEBA). He said that the country consumes seven million plantains and 340,000 quintals of coffee each day. Minister Osmar Benitez noted that there are 1,500,000 tareas (100,000 ha) of coffee planted in …
2019News

DR consumes millions of plantains and thousands of pounds of coffee each day

Agriculture Minister Osmar Benitez spoke on the state of Dominican coffee farming during an event held at the Technological Catholic University of Barahona (UCATEBA). He said that the country consumes seven million plantains and 340,000 quintals of coffee each day. Minister Osmar Benitez noted that there are 1,500,000 tareas (100,000 ha) of coffee planted in …