Ginnie Bedggood, author
Ginnie Bedggood.com - HOME Ginnie Bedggood.com - QUISQUEYA: MAD DOGS AND ENGLISH COUPLE Ginnie Bedggood.com - FROM GINNIE's INBOX Ginnie Bedggood.com - ABOUT THE AUTHOR Ginnie Bedggood.com - LIVING IN THE DOMINICAN REPUBLIC Ginnie Bedggood.com - THE EXPAT EXPERIENCE Ginnie Bedggood.com - ARTICLES Ginnie Bedgood.com - NEWS Ginnie Bedggood.com - CONTACT US

 

Ginnie Bedggood, author, writer, expat, Dominican Republic

Ginnie Bedggood, author, writer, expat, Dominican Republic
From Ginnie's Inbox

 

news || headlines || archives || search

IMF Statement On DR

'The early results of the authorities’ economic program have been impressive. There is a clear economic expansion and real gross domestic product (GDP) is estimated to have grown by 7.5 percent in the first quarter of 2010 (year-on-year). Exports, imports, tax collections and private credit are expanding at healthy rates. While the 12-month inflation rate is above the 6-7 percent target of the Central Bank, this is mostly due to higher fuel and some food prices; core inflation (which excludes these prices) is still below 3 percent on an annual basis. It is expected that for 2010 as a whole, real GDP will grow between 5 and 5.5 percent, while inflation will be contained within the Central Bank’s target.' The press release continues here:

http://www.imf.org/external/np/sec/pr/2010/pr10221.htm

0 Comments
Posted on 05 Jun 2010 by Ginnie

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