Improving economy seen for the Dominican Republic
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The Dominican Republic is recording a modest economic upswing in 2010 after feeling the effects of the global crisis—the economy continued to grow, but slowed down as tourism numbers, remittances and exports fell, affected by the US recession. Despite this, the Dominican Republic continues to be the Caribbean region’s largest economy and top tourist destination.
With an uptick in tourist arrivals and the GDP, Dominican realtors are hoping that the property market will begin looking up as well.
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