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Santo Domingo.- Invigorated retail sales and the staging of four major auto fairs by leading banks during the last three months confirm the Central Bank’s economic growth figures of 4.2% for the first three quarters, with positive expectation for the fourth quarter this year.

Since October banks, dealer associations and S&Ls have staged the auto fairs Expomóvil, BanReservas, Anadive, Autoferia Popular and Asocivu, among others, with transactions of around 5,610 vehicles worth RD$4.5 billion (US$117 million).

Cesar de los Santos, president of the auto dealers grouped in Anadive, affirmed that though the year wasn’t as they expected, there were good fairs, in which more than 50 of its affiliates participated, dozens of financial entities, and insurance and other related companies.

“As president of this organization, these encounters mean a sampling of our institutional development and sustained growth. More than that, these successful fairs that we’ve staged for several years already, are an example of Anadive credibility among the population and the financial sectors that  permanently have backed us,” the business leader said.

Meanwhile Central banker Héctor Valdez Albizu had predicted a revitalized economy during the last three months, basing it on several economic decisions, including the Monetary Board’s easing of interest rates, the release of RD$3.0 billion from the banks’ legal balance to spur economic activities.

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COMMENTS
13 comment(s)
Written by: danny00, 22 Dec 2011 12:03 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
spains unemployments numbers are at over 22%
world wide slow down now,
but the dr is doing great?

guess its from the multifarious accomplishments by dominicans
so many scientific guys we dominicans have in our country..
hey! if u have questions that are impossible to answer then u need to ask one of us dominicans for the answer.
like let me give u a few
are their more then three dimensions?
is there and edge to the universe? where does consciousness come from?
we have the answers over here in santo domingo just bring your dollars and we can talk about these answers 4 u.
lets remember our brains are more then 3'x's larger that of an ape.
Written by: foresthill, 22 Dec 2011 12:31 PM
From: Dominican Republic
Well said danny00
Written by: josean, 22 Dec 2011 12:51 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

It must be the late 4 quater rush to Launder your money before 2012 arrives!
Written by: Atabey, 22 Dec 2011 1:52 PM
From: United States, NYC
Josean,

Someone has challenged you to the forum. Will you take the challenge?
Written by: josean, 22 Dec 2011 2:20 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

No I am forum coward!
Written by: DONT_BE_SILENT, 22 Dec 2011 2:31 PM
From: Dominican Republic, NEVER FORGOTTEN, NEVER FORSAKEN!
It's all Leo's fault.
Written by: juanb, 22 Dec 2011 2:37 PM
From: Dominican Republic
These are government reports. They are self serving and usually false.
Written by: juanb, 22 Dec 2011 2:40 PM
From: Dominican Republic
The nuk is for knucklehead. What does the yum stand for?
Written by: anthonyC, 22 Dec 2011 3:50 PM
From: United States


The D.R. could experience the greatest Renaissance in mankind's history and Josean would still insult Leonel Fernandez.

She won't be satisfied until his people are in power to tell others to live their lives according to the way She wants it to be run.....Or until the PRD is back in power so he can have a Botella.



Written by: josean, 22 Dec 2011 5:08 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia

"She" won't be satisfied until "his" people

I see you're bi-sexual in your writing as well!
Written by: jperez, 22 Dec 2011 5:18 PM
From: United States
Dannyoo stop stating that you are dominican. You know who you are. HATER.
Written by: VeronicaDR, 22 Dec 2011 6:53 PM
From: United States
A few weeks ago there were headlines how poorly car sales were going. Now all of sudden everything is doing great. Anyone else smell stupidity?
Written by: RonEvane, 23 Dec 2011 8:21 AM
From: United States, Gaithersburg, Maryland

are their more then three dimensions?......Yes

is there and edge to the universe?....No....It goes on for all eternity.

where does consciousness come from?... The conglomeration of neurons in our brain

lets remember our brains are more then 3'x's larger that of an ape. ...Except yours.
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