DR growth still up
The Economic Commission for Latin America and the Caribbean (ECLAC), through their Preliminary overview of the economies of Latin America and the Caribbean 2008, projects that the DR will end 2008 with a 4.5% growth rate, and though this is the lowest economic growth in the last four years it will still rank higher than growth rates of some nations in the region. The country’s GDP per inhabitant will also register a 3% growth rate, according to ECLAC. The organization says that the year will end with a 7% inflation rate and the non-financial deficits in the public sector and deficits of the current accounts will register 3.2% and 12.6% of the GDP. The report indicates that foreign direct investment reached US$2.353 billion in September, which is 133% more than in 2007. The report also indicates that export-related services represent just under 10% of the GDP. The report indicates [...]
Original post by WP-AutoBlog Import