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The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. The Dominican Republic is an upper-middle income [13] developing country with important sectors including mining, tourism, manufacturing (medical devices, electrical equipment, pharmaceuticals, and chemicals), energy, real estate, infrastructure ...
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.
The Ministry of Economy, Planning and Development (Spanish: Ministerio de Economía, Planificación y Desarrollo or MEPyD) of the Dominican Republic is a government institution which coordinates the country's macroeconomic politics and sustainable development. It regulates the National System for Development and Public Investment, controls the ...
The Dominican Republic joined the IMF December 28, 1945. [4] The goal of the IMF is to ensure financial stability and are the final resort for countries who are struggling. . Government officials have abused the IMF by using them as a way to save the economy to cover up scandals of corrupt
The Dominican government announced Monday that the families of the 32 people killed in an explosion last week will each receive a one-time payment of nearly $900 in economic aid and monthly ...
This is a list of Latin American and Caribbean countries by gross domestic product (nominal) in USD according to the International Monetary Fund's estimates in April 2024 World Economic Outlook database. Cuba is not included in the list due to lack of economic data.
WASHINGTON — President Joe Biden met separately with the leaders of the Dominican Republic and Chile at the White House on Thursday to discuss key issues like economic relations and migration ...
The Dominican Republic's ten administrative subdivisions each play a unique role in the nation's economy, with most having an industrial [4] and agricultural [4] base. Cibao Nordeste and Cibao Noroeste are both significant agricultural hubs, known for their production of rice, cocoa, and other agro-industrial products.