Poised for Growth

Poised for Growth

The Dominican Republic's central bank has its work cut out for it.Observers say the Dominican Republic will enjoy GDP growth of at least 5% in 2006, following last year's impressive 9.3% showing. "The economy's doing very well," says Frederic Emam-Zade, director-general of the Fundación Global Democracia y Desarrollo – a think tank created by President Leonel Fernández, who returned to office in August 2004 following a four-year hiatus. Emam-Zade notes that 10 out of the 15 sectors are expanding, with trade, tourism, telecommunications and construction among some of the fastest-growing segments of the economy. The United Nation's Economic Commission for Latin Ameri

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial