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Ginnie Bedggood, author, writer, expat, Dominican Republic

Ginnie Bedggood, author, writer, expat, Dominican Republic
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3.5% Growth For DR In 2010

'In its annual report Preliminary Overview of the Economies of Latin America and the Caribbean 2009 the regional commission of the United Nations projects positive growth rates for most countries, but explains that there are still doubts about whether this recovery will be sustainable over time, given that the external scenario continues uncertain, which may affect growth expectations in the region. "The worst of the crisis is behind us. The motors of growth have been turned on again, but we don't know how long the fuel will last," stated ECLAC Executive Secretary Alicia Bárcena, in presenting the report. The most notable recovery will take place in South America and Central America (with the exception of Mexico), which next year will have growth rates of 4.7% and 3.0%, respectively. Economic growth in the Caribbean is expected to be lower (1.8%). According to ECLAC, Brazil will top the list of countries with higher growth in 2010, with expansion estimated at 5.5%, followed by Peru and Uruguay (5%), Bolivia, Chile and Panama (4.5%) and Argentina and Surinam (4%). Mexico, Costa Rica and the Dominican Republic will grow 3.5%.' Read on:

http://www.eclac.org/cgi-bin/getProd.asp?xml=/prensa/noticias/comunicados/6/38096/P38096.xml&xsl=/prensa/tpl-i/p6f.xsl&base=/tpl-i/top-bottom.xsl

http://www.cepal.org/publicaciones/xml/3/38063/Documento_Informativo_EN.pdf

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Posted on 12 Dec 2009 by Ginnie

Ginnie Bedggood, author, writer, expat, Dominican Republic
Ginnie Bedggood author