Public sector balance sheet poses risks for Dominican Republic – paper

IMF working paper analyses balance sheet developments in the South American nation’s economy

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Central Bank of the Dominican Republic

Despite strong economic growth, the Dominican Republic has vulnerabilities in the public sector balance sheet, a working paper published by the International Monetary Fund has said.

Svetlana Cerovic and Jose Saboin provide an overview of sectoral balance sheet developments in the South American nation over the last 10 years in their paper, The balance sheet approach to the Dominican Republic: sectoral financial positions and macroeconomic vulnerabilities.

Using an approach that studies stocks of

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