Amid Struggle Between Titans, Opposition PRM Rises

DOMINICAN REPUBLIC - Forecast 19 May 2015 by Pavel Isa Contreras and Fabricio Gomez
Executive Summary The economy grew by a robust 6% in Q1, with accumulated inflation only 0.64%, the Central Bank reported. Currency pressures declined in March, pushing net international reserves up slightly, while tax revenues rose in line with nominal GDP growth rates. Spending also accelerated in February and March, driven by a rise in capital expenditures. We expect real GDP growth to dip slightly in Q2. Though such growth rates are substantive, unemployment is likely to drop only slightly. Q2 growth that climbs above potential GDP could create some domestically driven inflationary pres...

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