The Dominican Republic has arguably been Latin America’s most-strongly growing economy for more than a decade.
However, the country’s reliance on tourism has placed it in the eye of the coronavirus pandemic’s storm, while trouble has been brewing at home as well.
This year’s election, which saw the transfer of power for the first time in 16 years, was preceded by a rapid 10% devaluation of the peso. Fitch now forecasts the economy will shrink by -6.5%
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