Dominican governor highlights central bank role in economic turnaround

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Banco Central de la República Dominicana

The Central Bank of the Dominican Republic

Releasing part of the Central Bank of the Dominican Republic’s legal reserve was a “fundamental element” in the revitalisation of the country’s economy, helping to support private credit, governor Héctor Valdez Albizu has told the International Monetary Fund.

In October 2017, the central bank released $700 million in credit to targeted segments of the private sector, while $360 million entered the country through foreign direct investment.

Separately, in a speech today (November 13), Albizu



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