{"id":158756,"date":"2021-05-27T06:30:23","date_gmt":"2021-05-27T10:30:23","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=158756"},"modified":"2021-05-27T09:28:20","modified_gmt":"2021-05-27T13:28:20","slug":"central-bank-governor-stats-show-dr-is-recovering-faster-than-expected","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2021\/05\/27\/central-bank-governor-stats-show-dr-is-recovering-faster-than-expected\/","title":{"rendered":"Central Bank governor: Stats show DR is recovering faster than expected"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/01\/Banco-Central-de-la-Republica-Dominicana-El-Dinero-1024x680.jpg\" alt=\"\" class=\"wp-image-135017\" width=\"600\" height=\"397\"\/><\/figure><\/div>\n\n\n\n<p>The Central Bank reports that April 2021 economic statistics are more evidence of the resilience and recovery of the Dominican economy.<\/p>\n\n\n\n<p>In a statement issued on 26 May 2021, the Central Bank reveals:<\/p>\n\n\n\n<p>\u201cThe Central Bank of the Dominican Republic (BCRD) reports that, according to preliminary figures of the monthly economic activity indicator (IMAE), an extraordinary expansion of 47.1 % was registered in April. This unprecedented result not only offset the 29.8% drop observed in April 2020, but exceeded the level of the same month of 2019, which was a regular year without pandemic.\u201d<\/p>\n\n\n\n<p>The Central Bank mentions the vaccination process and the improved performance of the global economy and tourism as key factors of the acceleration of the economic rebound.<\/p>\n\n\n\n<p>Furthermore, the Central Bank forecasts that the real gross domestic product (GDP) growth projection for the year-end could be in the range of 7-8%.<\/p>\n\n\n\n<p>Other positive highlights are:<br>International reserves reached US$12.30 billion as of 24 May, equivalent to 7.4 months of imports and 14.7% of GDP.<br>Passenger arrivals reached 1,044,159 tourists in January-April 2021.<br>Accumulated inflation stood at 2.69 % in January-April and 9.65 % on an annualized basis.<br>As of 24 May, the Dominican peso showed an appreciation of 2.2 %, contrary to the currencies of most Latin American countries.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/5107-gobernador-valdez-albizu-informa-que-la-economia-dominicana-crecio-un-471--en-abril-de-2021\">Central Bank <\/a><br><a href=\"https:\/\/listindiario.com\/economia\/2021\/05\/27\/672225\/remesas-inversion-extranjera-y-reservas-en-niveles-historicos\">Listin Diario <\/a><br><a href=\"https:\/\/listindiario.com\/economia\/2021\/05\/27\/672226\/economia-alcanza-en-abril-una-extraordinaria-recuperacion-de-41-7-\">Listin Diario <\/a><br><a href=\"https:\/\/listindiario.com\/economia\/2021\/05\/27\/672229\/dinamismo-se-recupera-40-4-puntos-porcentuales-afirma-el-mepyd\">Listin Diario <\/a><\/p>\n\n\n\n<p>27 May 2021<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank reports that April 2021 economic statistics are more evidence of the resilience and recovery of the Dominican economy. In a statement issued on 26 May 2021, the Central Bank reveals: \u201cThe Central Bank of the Dominican Republic (BCRD) reports that, according to preliminary figures of the monthly economic activity indicator (IMAE), an &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2021\/05\/27\/central-bank-governor-stats-show-dr-is-recovering-faster-than-expected\/\" 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\/158756"}],"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=158756"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/158756\/revisions"}],"predecessor-version":[{"id":158785,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/158756\/revisions\/158785"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=158756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=158756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=158756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}