Dominican Republic announces easing measure

Banco Central de la República Dominicana

The Central Bank of the Dominican Republic has launched a new credit facility, in a move aimed at boosting economic growth as an insurance measure against difficulties in the global economy.

The central bank has made just over 29 billion pesos ($577 million) available to increase credit growth in the economy, governor Héctor Valdez Albizu declared in a meeting with two of the country’s banking bodies on June 3.

The measure is aimed at facilitating loans to key export sectors, such as

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