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Central Bank highlights poverty is decreasing

The National Workforce Survey, underwritten by the Central Bank, revealed that the level of poverty in the Dominican Republic has decreased from 42.2% in September 2012 to 30% in September 2016. This means that 1,072,400 more Dominicans are now above the poverty line.

The results were presented by the Central Bank Governor Hector Valdez Albizu. He highlighted that the country was going in the right direction with the economy continuing to grow in a sustained manner, low levels of inflation and a robust generation of employment.

Hector Valdez Albizu also said that inflation closed the year of 2016 at 1.7% that is the second lowest level over the last 33 years.

Source: DR1, Almomento

Jan 31, 2017

Category: DR News |

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Last updated February 20, 2017 at 8:45 PM
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