{"id":166967,"date":"2021-10-25T06:22:36","date_gmt":"2021-10-25T10:22:36","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=166967"},"modified":"2021-10-25T09:17:38","modified_gmt":"2021-10-25T13:17:38","slug":"central-bank-the-economy-is-looking-good","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2021\/10\/25\/central-bank-the-economy-is-looking-good\/","title":{"rendered":"Central Bank: The economy is looking good"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/12\/Banco-Central-Acento-1024x796.jpg\" alt=\"\" class=\"wp-image-150559\" width=\"600\"\/><\/figure><\/div>\n\n\n\n<p>The Centra Bank of the Dominican Republic reports Gross Domestic Product (GDP) growth is doing better than originally expected. Central Bank governor Hector Valdez Albizu spoke of 12.7% growth over the first nine months of the year and forecast 2021 would close with 10% or better. Sector by sector, the news is mostly good, even when compared to 2019, the pre-pandemic year. <\/p>\n\n\n\n<p>The construction sector is up 20%.<\/p>\n\n\n\n<p>The hotel and tourism industry has rebounded with a 30% increase. 3.3 million visitors arrived in the 9-month period (Jan to Sept). September arrival numbers were 12% more than September 2019 numbers. The forecast is to close the year with nearly five million visitors.<\/p>\n\n\n\n<p>Light manufacturing (free zones) is also doing very well with a 30% increase. The Central Bank says the sector has fully recovered with 100% of its pre-pandemic jobs reinstated.<\/p>\n\n\n\n<p>The Central Bank reports that there are nearly 4.6 million persons employed th the Dominican Republic, which is about 97% of pre-pandemic numbers.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/acento.com.do\/el-financiero\/cifras-de-ocupados-y-turismo-casi-alcanzan-la-prepandemia-segun-banco-central-8998355.html\">Acento <\/a><br><a href=\"https:\/\/listindiario.com\/economia\/2021\/10\/23\/693546\/economia-cerrara-el-ano-con-una-tasa-de-crecimiento-de-10-\">Listin Diario <\/a><br><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/5215-gobernador-valdez-albizu-anuncia-que-la-economia-se-expande-127--en-eneroseptiembre-2021\">Central Bank <\/a><\/p>\n\n\n\n<p>25 October 2021<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centra Bank of the Dominican Republic reports Gross Domestic Product (GDP) growth is doing better than originally expected. Central Bank governor Hector Valdez Albizu spoke of 12.7% growth over the first nine months of the year and forecast 2021 would close with 10% or better. Sector by sector, the news is mostly good, even &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2021\/10\/25\/central-bank-the-economy-is-looking-good\/\" 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\/166967"}],"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=166967"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/166967\/revisions"}],"predecessor-version":[{"id":167005,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/166967\/revisions\/167005"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=166967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=166967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=166967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}