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November 16, 2024
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Cibao Association gives workshops on economic challenges

Cibao Association gives workshops on economic challenges

The Association Cibao of Savings and Loans in Santiago and Santo Domingo, presented a analysis detailed about the prospects and challenges economical facing the Dominican Republic, with the objective of strengthening relationships with customers through value initiatives based on trust and shared knowledge.

In Santiago, the economist Raúl Ovalle shared a analysis about the economic context of the country, highlighting the sustained growth of the region of the Cibao. Ovalle also addressed issues such as the stability of the inflationthe management of the exchange rate and the need for a reform fiscal that ensures long-term economic stability.

In addition, he emphasized the country’s structural challenges, pointing out the urgency of reforms in areas such as social security and education.

In Santo Domingo, the macroeconomist Magín Díaz reviewed the international situation, highlighting the deceleration of the economy world and the environment of uncertainty. He emphasized the strength of the economy American and how that has helped the country.

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He also highlighted the recovery of the economy in this year and the control of the inflation; and did not give greater importance to the loss of international reserves since this is a temporary phenomenon.

A press release shared about these events indicates that both economists agreed that the country needs a reform fiscal since public investment is at historic lows and interest payments are increasing. They pointed out that the nation must seek the greatest possible consensus to achieve the approval of structural reforms to enhance economic growth and improve performance indicators. development.

These events, organized by the Association Cibaothey seek to sustain solid relations with the customers through initiatives that add value and consolidate trust and shared knowledge. “They provide a clear view about the national and international economic outlook that impacts business and the development economy of the country,” said the financial entity.

During both activities, Rebeca Meléndez, executive vice president of Business of the Associationexpressed the importance of these spaces of exchange: “These meetings allow us to stay close to our customers and better understand your needs in a context of constant changes economical. For the associationit is essential that our customers count on information that helps them make informed decisions.

Dominican Republic’s leading newspaper focused on general news and innovative journalism.

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