News

Dominican Republic: DR economy more susceptible to covid effects

Rafael Muñoz de Bustillo Llorente, professor of Applied Economics at the University of Salamanca, affirmed yesterday that the Dominican Republic has an economy very susceptible to be affected by the restrictive measures against the covid-19 pandemic because 37% of the income from exports comes from tourism.

In the virtual teleconference “Welfare State in times of covid-19”, organized by the Ministry of Economy, Planning, and Development, the expert, said that the face-to-face productive activities, fundamentally the hotels, restaurants, and the cultural sector, have been very intensely affected by the pandemic.

He maintained that the sectors with more viability for teleworking are less affected by the coronavirus.

He said that the different countries’ economic structure makes it easier to pass to telework than in others.

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