{"id":104091,"date":"2017-09-19T09:55:57","date_gmt":"2017-09-19T13:55:57","guid":{"rendered":"http:\/\/dr1.com\/new\/?p=104091"},"modified":"2017-09-19T09:55:57","modified_gmt":"2017-09-19T13:55:57","slug":"growth-forecast-revised-downwards","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2017\/09\/19\/growth-forecast-revised-downwards\/","title":{"rendered":"Growth forecast revised downwards"},"content":{"rendered":"<figure id=\"attachment_104072\" aria-describedby=\"caption-attachment-104072\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"size-medium wp-image-104072\" src=\"http:\/\/dr1.com\/new\/wp-content\/uploads\/2017\/09\/100-pesos-bill-Diario-Libre-300x160.jpg\" alt=\"\" width=\"300\" height=\"160\" \/><figcaption id=\"caption-attachment-104072\" class=\"wp-caption-text\">Photo: Diario Libre<\/figcaption><\/figure>\n<p>Last June, the Ministry, together with the Treasury (Ministry of Hacienda) and the Central Bank had already cut the projection back from 5.5% to 5.25%.<\/p>\n<p>During the first half of the year, the rate of growth showed a sharp deceleration, down to 4%. To revitalize the economy, the Central Bank announced an injection of RD$20 billion into the economy.<\/p>\n<p>In addition, the Administrative Minister of the Presidency, Jos\u00e9 Ram\u00f3n Peralta, announced the release of an additional RD$20 billion pesos for public construction projects, such as housing and infrastructure.<\/p>\n<p>However, economists warn that additional measures will be needed to resolve the economic deceleration and a reactivation of internal demand is needed.<\/p>\n<p>Read more in Spanish:<br \/>\n<a href=\"https:\/\/www.diariolibre.com\/economia\/el-gobierno-rebaja-a-4-75-meta-de-crecimiento-de-2017-YG8181089\" target=\"_blank\">Diario Libre<\/a><\/p>\n<p>19 September 2017<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last June, the Ministry, together with the Treasury (Ministry of Hacienda) and the Central Bank had already cut the projection back from 5.5% to 5.25%. During the first half of the year, the rate of growth showed a sharp deceleration, down to 4%. To revitalize the economy, the Central Bank announced an injection of RD$20 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2017\/09\/19\/growth-forecast-revised-downwards\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/104091"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=104091"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/104091\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=104091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=104091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=104091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}