Weekly Report - 01 April 2021 (WR-21-13)

DOMINICAN REPUBLIC | Emerging from the shadow of the pandemic. The governor of the Dominican Republic’s central bank (BCRD), Héctor Valdez Albizu, announced on 30 March that in February the country experienced its first positive year-on-year economic growth since the coronavirus (Covid-19) pandemic began. Valdez said that the country’s monthly indicator of economic activity (IMAE) grew by 1.1% year-on-year in February, describing this as an “extraordinary” rebound from a crash that bottomed out in April 2020, when output fell by 29.8% compared with the same month in 2019.

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