Luis Abinader highlights the economic growth of the Dominican Republic

Luis Abinader highlights the economic growth of the Dominican Republic

The President of the Dominican Republic, Luis Abinader, said that the country enjoys one of the most robust economies in the region of the Americas, with an increase of 5%according to data from the International Monetary Fund (IMF).

Engines of the Economy

During an interview en LA Semanal with the PressAbinader cited growth in tourism, exports, and the outcome of the free zone model as key factors that have strengthened the national currency. «Los motoris de la dominicana están batiendo récords», expressed the representative in response to questions on the impact of the recent decision by Congress to withdraw the tax reform project.

«We will keep more than mil (employees in tourism). The French zones are at their best moment, and the exportations also”, further, highlighting the economic stability of the country and its currency, which he considers the most stable in Latin America.

Projections and use

Abinader also mentioned that even if they want to move more quickly towards stability through tax reform, the country will follow its path of progress. «Let's continue creating employees and desarrollándonos cada vez más», assured.

The president lost the lives of all Dominicans during his administration and reaffirmed his commitment to continue working for the well-being of the country.

Advances in exports

In the same interview, the jefe de Estado presented the figures of the developers of the export sector. Informed that exports will be generated between 2020 and 2023 $45,804.3 millionwhich represents an increase in 23.5% compared to the period 2016-2019, before the COVID-19 pandemic. For the first months of 2024, we hope for a growth of 30.4% in relation to the same period of 2019.

With these statements, Abinader highlights the resilience of the Dominican economy and its compromise with the continuous development of the country.