Despite the ailing global financial situation, the Dominican Economy Minister Temistocles Montas announced that although the Dominican Republic is feeling the effects of the gobal downturn, he anticipates a 3% growth within tourism this year. Dominican Republic has a strong tourism portfolio with the majority of tourists coming from the USA, Canada and Europe. The fact that the Dominican Republic is still seen as a great value for money destination could be a contributing factor particularly in times of global recession.Dominican Republic and the Global Economy
Despite the ailing global financial situation, the Dominican Economy Minister Temistocles Montas announced that although the Dominican Republic is feeling the effects of the gobal downturn, he anticipates a 3% growth within tourism this year. Dominican Republic has a strong tourism portfolio with the majority of tourists coming from the USA, Canada and Europe. The fact that the Dominican Republic is still seen as a great value for money destination could be a contributing factor particularly in times of global recession.
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Dominican Republic News Archive
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