Back

LatinNews Daily - 21 July 2020

In brief: DR economic performance improves

* The Dominican Republic’s central bank (BCRD) has published the latest monthly economic activity index (IMAE) for May, which showed a 13.6% contraction year-on-year. This was an improvement on the -29.8% figure for April which the BCRD described as the most “critical point” of the economic crisis stemming from restrictions imposed to stop the spread of coronavirus (Covid-19). In its latest forecast (15 July), the United Nations Economic Commission for Latin America & the Caribbean (Eclac) expects the Dominican Republic’s economy to contract 5.3% in 2020.

End of preview - This article contains approximately 87 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.