In 2020, the RD remnants will increase its mayor’s holiday in the last ten years

The Central Bank of the Dominican Republic (BCRD) informs that in 2020 the remnants will be extended to the mayor in the last ten years, all the registrar of 8,219.3 million and 16.0% per annum.

For December, the flow of beetles ingested in US $ 872.3 million, superior value in US $ 215.6 million (32.8%) recorded on the same month earlier, when US $ 656.7 million, including a communication of the institution.

The BCRD explains that the continuous recovery of the economic conditions of the United States (EE.UU.) the state of repatriation, land of the province 83.8% of the floods of the last 8 months, determined in the handling of the reciprocal packages.

Evidence of this majority in the Northeastern economy is found in the figures for the employment, with a tax cut that passed 14.7% in April, during the only moment of confinement, 6.7% to finalize this year. Especially the manera, the example of the Hispanos in EE.UU. decreased from 18.9% in April to 9.3% in December 2020.

The institution states that the Dominican diaspora was one of the communities that benefited most from its majority in employment, as well as the financial assistance provided by the governing body to those employed in this country, given the high proportion of dominance regularized. It is clear that the new economic support package for the EE.UU congress has been approved. it is hoped that this will continue during the first months of 2021.

Although a relevant indicator of the behavior of the North American economy is the index of stock transactions (PMI for its sails in English), it reflects the behavior of manufacturing activity. Dicho indicates an increase in the maximum value of 60.7 in December, 3.2% mayor than the 57.5 of November, announcing the optimism about the recovery of the economy. The index recorded a decrease of 1.4% monthly monthly since June, when the activity in the EU was reactivated.

As a result of the United States economy, a greater dominance of the dominating external sector is expected by 2020 in hopes of the pandemic. In effect, the fluctuations in the economy are constantly recovering from May, with the increase in prices, the increase in French zonal exports, the repatriation of airports and hotels, as well as the Major exporters of gold, with the exception of a current account deficit of 2.0% of GDP, which are found among the most important in Latin America.

Inversion

In addition, important companies in the communications, energy, and mining sectors in the French zone have announced significant investments to be carried out in the coming years, some initiating this same year, which reflects the confidence of the dominant investors in the economy. ; allowing this year to be finalized, in the wake of the pandemic crisis, the direct foreign inversion (IED) will raise US $ 2,554.3 million, with the same number of preliminary figures, the highest series in comparison with the countries of Central America as well as the other Latin American countries with economies similar to the Dominican Republic.

The BCRD states that this level of IED in the country covers the two times the estimated deficit of 2.0% of GDP at current rate. This is the majority of the division’s share, together with the Central Bank’s participation in the exchange market through its Electronic Divorce Negotiation Platform, allowing it to maintain the relative establishment of the exchange type, and the accumulation of $ 1050 million in international reserves. al cierre de 2020, the highest level of all registrado históricamente, is equivalent to 13.7% of GDP and 7.3 months of the most important value, the value recommended by the large umbrella for the FMI of 10% of the GDP and the 3 months of interest.

The Central Bank states that it is alert to follow up on the necessary information that guarantees the stability of prices and the exchange market during the reactivation process of the dominant economy.

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