{"id":7988,"date":"2021-05-24T16:14:42","date_gmt":"2021-05-24T16:14:42","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=7988"},"modified":"2022-07-19T14:53:22","modified_gmt":"2022-07-19T14:53:22","slug":"consolidated-public-debt-reaches-74-8-as-of-march-2021","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/consolidated-public-debt-reaches-74-8-as-of-march-2021\/","title":{"rendered":"Consolidated Public Debt reaches 74.8% as of March 2021"},"content":{"rendered":"\n<p>You will find in the attached document the most recent public report on the Dominican economy in 2021, prepared by the prestigious economist Henri Hebrard:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>GDP growth 2021: We revised upwards our projection, now estimating a strong rebound of 7.3% (vs. + 6.5% in the revision of the previous month), which compares with the drop of -6.7% registered in 2020;<\/li><li>GDP value in US $: We revised significantly upwards our projection, with a very strong rebound of 11.6%, going from US$78,829.0 million (12-2020) to USS$87,975.0 million (12-2021); product of the combined impact of real GDP growth (+ 7.3%), of the very weak devaluation (an average of just 2.0%) and of the higher inflation rate;<\/li><li>As you can see, while the debt of the Non-Financial Public Sector (NFPS) closes 03-2021 at US$47,395.9 million (60.2% of GDP), the Consolidated Public Debt (DPC) closes at US$58,873.3 million, which is equivalent to 74.8% of GDP.<br>Regarding the debt service of the NFPS for what goes from 2021 to March (US$1,182.8 million between principal and interest payments), it is located at a too high level as a% of the central government&#8217;s income (37.0% as of March 2021 ).<\/li><li>If this service of the NFPS debt is measured by the only part of the interest payment (as% of income), a very significant increase is observed, going from 22.3% (Q1-2020) to 31.8% ( T1-2021).<\/li><\/ul>\n\n\n\n<p>This report is the sole responsibility of economist Henri Hebrard.<\/p>\n\n\n\n<p><strong>Henri HEBRARD<\/strong><br>Economic advisor<br>Hebrard &amp; Hebrard Consulting SRL<br>Economic and Commercial Intelligence<br>Tel: +1 809 862 64 23<br>Email: h.hebrard@henrihebrard.com<br>Twitter: @HebrardH[:]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You will find in the attached document the most recent public report on the Dominican economy in 2021, prepared by the prestigious economist Henri Hebrard: GDP growth 2021: We revised upwards our projection, now estimating a strong rebound of 7.3%&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-7988","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - 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