LatinNews Daily - 04 May 2022

In brief: Dominican Republic posts strong growth in Q1

* The Dominican Republic (DR)’s central bank (BCRD) has released new figures which show that the monthly indicator of economic activity (IMAE) reached 6.4% in March 2022, after expanding by 6.3% in January and 5.8% in February. This brings year-on-year growth for the first quarter of 2022 to 6.1%. The BCRD says that these results are in line with recent projections released by the International Monetary Fund (IMF) which is forecasting 5.5% GDP growth for the DR in 2022, the third highest for the overall region this year. The BCRD in turn is forecasting growth of 5.0%-5.5% for 2022. 

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