Weekly Report - 29 August 2006

DOMINICAN REPUBLIC | No trickle-down. ACE, the Spanish government's aid agency, highlights in a 'strategy document' that, despite its high rate of GDP growth, the Dominican Republic continues to exhibit a highly skewed pattern of income distribution: while the wealthiest 20% take 53.3% of the income, the poorest 20% take only 5.1%. Poverty is widespread: about 45% of the rural population and 31% of the urban population live below the poverty line. ACE expresses surprise at the low proportion of the national budget that is devoted to social objectives.

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