The governor of central bank of the Republic, Héctor Valdez Albizu, assured that the year 2022 has been “extraordinary” for the tourism sector in the Dominican Republic, exceeding all expectations and registering “unprecedented” flows in the arrival of non-resident passengers, accumulating 5.8 million visitors in ten months.
Valdez Albizu said that these data are in accordance with those announced by the Ministry of Tourismthat is, 7.4% and 8.7% more non-resident visitors than in 2018 and 2019, respectively.
“It is projected that by the end of 2022 non-resident visitors will be around 7.2 million, exceeding the threshold of seven million for the first time in history, with income from sightseeing that will exceed 8,500 million Dollarsan all-time high,” he explained.
Recognition
Héctor Valdez Albizu spoke in those terms after being recognized by the Association of Hotels and Tourism from the Dominican Republic (asonahores) for their contributions to tourism sector.
He maintained that he received the distinction with humility, not only in his name, but in that of the entire team of officials and technicians of the central bank that accompany you on a day-to-day basis to fulfill with a great sense of responsibility and commitment the crucial mission of ensuring the price stability and guarantee the regulation of Finance system.
In addition, to promote the efficiency and safety of the payment systemsacting as executor of the monetary policiesforeign exchange and financial, to contribute to the stability and growth of the national economy.
tourism sector
About him sightseeing He added that this activity has played an extremely important role in the reactivation of the economy, due to its multiplier effect on the demand for goods and services. local services and in the generation of jobs, as well as for its high incidence within the country’s total exports.
“The sightseeingas I have mentioned on other occasions, can be considered the backbone of the Dominican economy due to its communicating vessels with all the other Economic sectors”, he indicated.
He also said that indeed, the tourism sector has recovered faster than expected, thanks to the various initiatives carried out by the Tourism Cabinet.
Also, The initiatives had “the will and unrestricted support of His Excellency Mr. President Luis Abinader beside Minister of Tourism, David Collado, contributing to its reactivation and to recovering the jobs lost during the pandemic”.
He stressed that the tourism sector It was also notably effective with the recovery plan responsible for the sightseeing that was executed hand in hand with the private sector, which includes:
- Tax incentives for companies related to the sightseeing,
- An efficient promotion strategy, directed and focused on priority issuing destinations.
Also, among other measures, to strengthen the image of the country as an attractive and safe vacation destination, concomitantly with the successful application of the vaccination program in the Dominican Republicwhich was led by “her Excellency Vice President Raquel Peña.”
He stressed that, during the current year 2022, the activity hotelsbars and restaurants has been the one with the greatest contribution to the growth of the dominican economyexplaining approximately a third of the accumulated growth of 5.4% in the first nine months of the year.
In terms of real added valuethe sector registered an expansion of 28.9% in January-September 2022, while income from sightseeing they reached an amount of 6,341.9 million dollars, for a relative variation of 65.7% with respect to the same period of 2021.
