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BRIEF-S&P says Dominican Republic 'BB-/B' ratings affirmed; outlook stable
April 27, 2017 / 8:14 PM / 7 months ago

BRIEF-S&P says Dominican Republic 'BB-/B' ratings affirmed; outlook stable

April 27 (Reuters) -

* Dominican republic ‘BB-/B’ ratings affirmed; outlook remains stable

* Outlook reflects expectation that economic growth above peers during next two years will balance continued fiscal deficits

* Estimate the country’s GDP per capita at $7,420 in 2017

* Expect GDP growth during 2017-2020 to average 5%-5.5% ; real GDP per capita growth is expected to average 4.2% during 2017-2020

* Expect general government debt to increase by an average of 4.6% of GDP during 2017-2020

* Persistent general government deficits will likely boost net general government debt toward 50% of gdp by 2020 Source text : bit.ly/2qctFeE

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