Scotiabank anticipates steady growth for Dominican economy

According to a Scotiabank report dated June 2014, the Dominican Republic is embarked on a steady mid-term growth path, anticipating that its US$62 billion economy (the largest in the Caribbean and  Central American region) will expand at an attractive average growth rate of 4.8% over the next two years,  supported by a broad-based contribution from domestic consumption, steady employment growth, increased  investment activity, and an external sector boost caused by improved economic conditions in the country’s main  trading partners.