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November 11, 2021
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They project the arrival of 4.9 million foreign tourists at the end of 2021

They project the arrival of 4.9 million foreign tourists at the end of 2021

At the end of the year 2021, it is projected to receive 4.9 million non-resident tourists in the Dominican Republic, according to the forecasts revealed by the governor of the Central Bank, Héctor Valdez Albizu, who highlighted the surprising recovery of tourism after the pandemic.

For this achievement, the official congratulated the Vice President of the Republic, Raquel Peña, who at the head of the Health Cabinet has managed to promote a successful inoculation process, which has contributed to these positive indicators in the “industry without chimneys.”

Valdez Albizu spoke during a ceremony to receive recognition from the Senate for his successful career and his great contributions in favor of the economic development of the country. In this sense, it complies with a resolution approved for those purposes, which is authored by the senator for María Trinidad Sánchez, Alexis Victoria Yeb. The activity was attended by the Head of State and was held in the Hall of the National Assembly.

Valdez Albizu stressed that like most governments and central banks in the world, the Dominican Republic has implemented monetary and fiscal policies that have had the unrestricted support of President Luis Abinader.

“Thanks to their will and decision, they have contributed to reactivate production, protect household income, assist the most vulnerable sectors of our society and recover the jobs lost during the pandemic,” he said.

Resilience

The Governor of the Central Bank attributed the resilience assumed by the Dominican Republic to the effects of the COVID-19 pandemic to the commitment and firm dedication of President Luis Abinader.

Expressing that it was a great honor and great satisfaction to receive this recognition, he stated that there is no way to assess the effort that the Government has had to make to provoke the resilience that has been achieved with the growth of the increase in reserves, the losses interest rates, and facing the loss of jobs of about a million people.

He attributed to the Head of State that the basic conditions for tourism have been created in the country, which has been able to be directed and practically restructured when in the middle of the pandemic a total closure was experienced.

He argued that the positive economic results, which achieved double-digit economic growth and that “it could be a little bit higher”, is not fortuitous, which he has had to explain to presidents of other countries and governors of Central Banks who have been admired for the way in which the Dominican Republic has managed to face the effects of COVID-19.

Valdez Albizu assured that he will not lower his guard despite the achievements made and that he will always be attentive to the risks that the national economy may face.

“You can be sure that this recognition strengthens the institutional and personal commitment we have with the macroeconomic stability and development of the country,” he said.

He reported that in retrospect, the country has had to fight major economic battles in which the Central Bank has had to play a front-line role in favor of stability and with the aim of mitigating the negative effects of major international crises on the economy. Dominican.

He highlighted the efficiency and capacity of the technical team that has accompanied the members of the Monetary Board, officials and employees, which, he assures, has contributed to the achievement of the proposed goals.

Invaluable contributions

During the ceremony, the president of the Senate, Eduardo Estrella, highlighted the invaluable contributions of the governor of the Central Bank and that for him this is the cornerstone for the country to experience collective well-being and that trust and a robust system have been maintained. financial. He also said that the decisions taken by President Luis Abinader have contributed to strengthening financial measures.

Estrella appreciated that since his appointment to that position, in 1992, the official has had the trust of four presidents, which shows that the country is spending “a true public servant.”

While Senator Alexis Victoria Yeb, who proposed to carry out the recognition, stressed that Valdez Albizu has dedicated his entire life to serving the best interests of the Nation.

“I confess that in my professional life I had not met a person with a professional capacity and dedication like President Luis Abinader”,

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