- February 4, 2022
- Posted by: Stratford Team
- Category: Economy
Santa Domingo, Dominica Republic–(Newsfile Corp. – February 4, 2022) – According to Olivier Arrindell, Chairman of Ava Airways, The International Monetary Fund (IMF) projected that the Dominican economy has grown to 9.5% in 2021, a percentage slightly higher than the 9.1% recently estimated by the World Bank. The positive projection is contrary to the drop of -6.7% registered by the local economy in 2020, because of the economic closures imposed by the Covid-19 pandemic.
Apart from this, The Bank of America’s global research unit believes that the macroeconomic trajectory of the Dominican Republic is the most promising in Latin America for the coming years and estimates that it will be the second country with the highest economic growth in the region, with 11.5% in 2022.
The Latin America and Caribbean region will see its pace of growth decelerate in 2022 to 2.1%, after reaching 6.2% on average last year, according to new projections released today…
