News

Dominican Republic: Dominican debt jumps 7.3% to US$38.6B in first half

Santo Domingo.- The Dominica debt stood at US$38.6 billion at the end of the first half, a level that translates into a 7.3% jump so far this year.

With that amount, and after the revision to the nominal GDP in dollars that was agreed in May this year among the authorities, the debt represents 47.5% of GDP at the end of June.

Data from the Public Credit Directorate reveal that in that month the amount of commitments from the Non-Financial Public Sector (SPNF) increased by 266 million dollars.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s