Time for Political Definition

DOMINICAN REPUBLIC - Forecast 16 Jan 2014 by Pavel Isa Contreras and Fabricio Gomez
Executive Summary GDP growth in Q4 2013 will reach 3.3%, leading to annual GDP growth of 3.1% for 2013. The relatively low growth rate will result in an increase of half a percentage point in the rate of unemployment, thus reaching 15.4%. As of December 2013, the year-to-year inflation rate remained within the target range. International net reserves reached USD 4.326 billion and the average foreign exchange rate in December was DOP 42.67 per USD. After monetary tightening in late August, the exchange rate has remained stable. In the external sector, a surge in exports, mainly gold, and low...

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