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Santo Domingo.– The increase in bank credit to the private sector helped reactivate the Dominican economy, which will grow this year by around 3.5%, the Central Bank reported. Due to a strong correlation between the private credit and the GDP growth, the Dominican economy has experienced an important recovery, mainly in 2009’s second quarter, according [...]

Jan 13th, 2010 | Filed under Living in the Dominican Republic

Santo Domingo.– The increase in bank credit to the private sector helped reactivate the Dominican economy, which will grow this year by around 3.5%, the Central Bank reported. Due to a strong correlation between the private credit and the GDP growth, the Dominican economy has experienced an important recovery, mainly in 2009’s second quarter, according [...]

Jan 1st, 2010 | Filed under Living in the Dominican Republic