Dominican public debt is lowest in Caribbean

At a recent talk, Scotiabank vice president Pablo Breard highlighted the fact that the Dominican public debt is the lowest among Caribbean countries in the past decade. The Dominican global debt is around 30% of GDP, he stated. Panama, Costa Rica, El Salvador, Jamaica, Barbados and Trinidad & Tobago have higher debt/GDP ratios. Breard forecast that the DR would benefit from the global economic recovery.

[May 2013]