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Dominican Republic President Danilo Medina’s Year of Promises

LADB Article ID: 79066
Category/Department: Dominican Republic
Date: 2013-08-29
By: Crosby Girón

A year after President Danilo Medina took office, polls show that a majority of those surveyed approve of his administration. Despite worsening problems such as poverty and the high cost of living, the polls appear to show that Medina still enjoys considerable approval from his support base. The Inter-American Development Bank (IDB) says that, between 1991 and 2012, the country’s GDP has increased by 5.6%. This is above the region’s average of 3.3% and, says the IDB, it has been made possible thanks to "a stable political and social climate." Nevertheless, the IDB also points out that the country’s public finances are in a vulnerable state because of low taxation (particularly tax breaks), the impact from natural disasters, and transfers made to fund public services, such as electrical energy.

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