SANTO DOMINGO. The president of the Dominican Association of Pension Fund Administrators (Adafp), Kirsis Jáquez, assured that the management in the management of these resources has been positive for the affiliates, since their individual accounts have been able to grow thanks to the investment in safe instruments and profitable, which also contributes to stability and economic growth, as well as to job creation in the country.
During a meeting with the mission of the International Monetary Fund (IMF) that visited the country, Jáquez highlighted that the pension funds managed by the AFPs exceed RD $ 740 billion, of which more than 50% has been generated by the profitability that the administrators have succeeded in favor of their affiliates.
Esteban Vesperoni, head of the IMF mission, and Frank Fuentes, Dominican representative before said organization participated in the meeting.
