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General Sales Agent Dominican Republic

Introduction

According to the preliminary numbers estimated with te new method of calculation of the gross domestic product(base 1991) the economy of the dominican republic shows a growth of 12.6% in the first trimester of 2006, this reflects that the economy mantains the dynamic started in the las the penultimum trimester of 2005 where it presented a growth of 10% and in the last trimester a growth of 12.1% giving as an average growth an 11.6% in the last three trimesters of the dominican economy.

Different to previous years the dominican economy presents development and significant increase, the engine for this growth has been the raise by 28.7% in the gross internal investment both public and private.This behaviour is fundamented en the significant increase registered in the construction(31.8%) and its multiplying effect en the generation of jobs and on the increase of production and sales of industrial and commercial activities. Equally the direct foreign investment during the trimester presented an 6.0% increase. all this together with rules and measures and advises from the International Monetary Fund(IMF) have made the economy mantain a stable average growth for the moment.

Inside of the GDP the economic activities that presented the greatest growth were farming(12.2%), mining(9.1%), local manufacturing(10.7%), construction(31.8%), commerce(14.7%), hotels bars and restaurants(4.8%), transport(4.8%), communications(30.3%), financila aid and insurance(15.8%), public administration(5.4%) and health(3.4%) all of which represent the 73.3% of the total GDP. On the other hand activities such as rice(-47.2%), elboration of mill products(-30.9%), creation of products for oil refining(-7.7%) and industrial free zones(-4.7%) presented decreases.

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