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Dominican President Meets with IMF Technical Mission <\/STRONG> D<\/SPAN>ominican President Leonel Fern\u00e1ndez, met with the technical mission of the International Monetary Fund (IMF), which gave a \u201chighly satisfactory\u201d rating to the performance of the Dominican economy, which by September had grown 7.6 percent. This information was delivered by the Central Bank Governor H\u00e9ctor Valdez Albizu, who accompanied the IMF mission led by Alejandro Santos, IMF representative in the Dominican Republic.<\/P> It also said that the IMF estimates that the country\u2019s economy is growing at a vigorous pace, exceeding all expectations.<\/P> Mr. Albizu said that the IMF mission presented a report to the government of its evaluation of the economic development during July, August and September \u201cwhich was highly satisfactory.\u201d The authorities have complied with the agreement, according to the latest review done in September of the nation\u2019s IMF program, reported the Presidential Office of Information, Press and Publicity. It also said that the IMF estimates that the country\u2019s economy is growing at a vigorous pace, exceeding all expectations.<\/P> \u201cThis has been very pleasant news, very positive, that the opinion is very satisfactory with regard to the fulfillment of the IMF program, above all regarding the results of the non-financial public sector, that is the government, which closed \u201cwith room\u201d with respect to the targets which is positive, as are the reserve levels of the Central Bank, declared Albizu.<\/P> The IMF understands that the Dominican economy is turning around, the Central Bank Governor added, and observed that by September of this year, growth had been at 7.6 percent with positive changes forecast in future projections. <\/P> \u201cWe hope to close at around 7 percent.\u201d Likewise, Valdez Albizu stressed that the International Monetary Fund denied that the authorities are planning to apply new tax reforms, as certain sectors have suggested. He said that 400 to 500 million dollars are expected to enter the country in the coming months as a result of the IMF accord and that $250 million of a total of $700 million had already been received.<\/P> President Fern\u00e1ndez led the meeting with the IMF mission to hear the results of their evaluation of the July-September quarter, informed the Central Bank governor. Dominican President Meets with IMF Technical Mission Santo Domingo, 11\/14\/2010 Dominican President Leonel Fern\u00e1ndez, met with the technical mission of the International Monetary Fund (IMF), which gave a \u201chighly satisfactory\u201d rating to the performance of the Dominican economy, which by September had grown 7.6 percent. This information was delivered by the Central Bank Governor H\u00e9ctor … Continue reading “Dominican President Meets with IMF Technical Mission”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4317","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/4317"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=4317"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/4317\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=4317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=4317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=4317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Santo Domingo, 11\/14\/2010<\/SPAN><\/P>
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The governor also explained that with regard to public spending, the authorities closed below the estimate made in the 2010 National Budget and General Law of Public Revenue and Expenditure.<\/P>
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