{"id":157152,"date":"2021-04-29T06:26:39","date_gmt":"2021-04-29T10:26:39","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=157152"},"modified":"2021-04-29T12:10:13","modified_gmt":"2021-04-29T16:10:13","slug":"central-bank-imae-up-10-6-in-march","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2021\/04\/29\/central-bank-imae-up-10-6-in-march\/","title":{"rendered":"Central Bank: IMAE up 10.6% in March"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"600\" height=\"399\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2019\/09\/Hector-Valdez-Albizu-Central-Bank-e1568648456405.jpg\" alt=\"\" class=\"wp-image-131023\"\/><\/figure><\/div>\n\n\n\n<p>The governor of the Central Bank of the Dominican Republic, H\u00e9ctor Valdez Albizu reports that the Monthly Index of Economic Activity (IMAE) is showing significant inter-annual growth of 10.6% in March, the second positive growth rate since the beginning of the pandemic.&nbsp;<\/p>\n\n\n\n<p>The Dominican economy had experienced 1.1% growth in February.&nbsp;<\/p>\n\n\n\n<p>Valdez Albizu expects the country to continue on the path of economic recovery. Real GDP growth for the year 2021 is projected to be 5.5%-6%.&nbsp;For the first quarter of the year,  the economy is showing 3.1% growth. <\/p>\n\n\n\n<p>The Central Bank governor attributes the positive outlook to the fiscal and monetary policy measures adopted to mitigate the adverse effects of the pandemic.&nbsp;<\/p>\n\n\n\n<p>He said the relaxation of mobility restrictions, the progress in the implementation of the National Vaccination Plan and the Tourism Reactivation Plan have also had a substantial impact.<\/p>\n\n\n\n<p>The economic activities with positive growth rates in March represent approximately 80% of the gross domestic product (GDP). The sectors that led the economic performance were: Construction (56.8%), Free Trade Zones (32.4%), Mining (21.4%), Transportation and Storage (19.7%), Local Manufacturing (13.4%) and Commerce (9.4%).<\/p>\n\n\n\n<p>Likewise, positive variations were observed in Real Estate Activities (2.1%), Agriculture and Livestock (1.6%), Communications (0.9 %), Health (0.9%) and Financial Services (0.3%).<\/p>\n\n\n\n<p>Read more in Spanish:<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/5074-economia-dominicana-registra-una-expansion-de-106-en-marzo-de-2021\">Central Bank&nbsp;<\/a><\/p>\n\n\n\n<p>28 April 2021<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governor of the Central Bank of the Dominican Republic, H\u00e9ctor Valdez Albizu reports that the Monthly Index of Economic Activity (IMAE) is showing significant inter-annual growth of 10.6% in March, the second positive growth rate since the beginning of the pandemic.&nbsp; The Dominican economy had experienced 1.1% growth in February.&nbsp; Valdez Albizu expects the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2021\/04\/29\/central-bank-imae-up-10-6-in-march\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[290,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/157152"}],"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=157152"}],"version-history":[{"count":5,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/157152\/revisions"}],"predecessor-version":[{"id":157202,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/157152\/revisions\/157202"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=157152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=157152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=157152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}