Dominican Republic’s growth projection steady at 4.5%

For this year and the next

The Economic Commission for Latin America and the Caribbean (ECLAC) holds Dominican Republic’s growth projection steady at 4.5% for this year and the next, which was also the same as last year.

An ECLAC report released today said Panama will top the region’s economic growth, at 9.5% in 2012 and 7% in 2013, followed by Haiti, at 6% this year and 7.5% next year.

The study adds that growth in Latin America and the Caribbean will fall 3.2% in 2012 on a slumping global economy, but noted that despite the slowdown, most countries can respond to the global adversity.

Dominican Republic Live, from DT, 02.10.12, 4.35 p.m.

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