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Dominican Republic

Capital Santo Domingo
Area Sq Km 48 442
Area Sq Miles 18 704
Population 8 232 000
Languages Spanish, Creole
Religions Protestant, Roman, Catholic
Currency Peso
National Day

Dominican Republic

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Economy Overview
Sugar, coffee and cocoa are the main agricultural cash crops. The mining industry produces ferro-nickel, gold and silver. These primary products are the basis of the Dominican Republic's economy and its main export commodities. Exploration of other potential deposits have been underway since the early 1990s, but although some gold and silver has been located, the expected oil deposits have failed to materialise. Industry is mainly concentrated in production of food and drinks, chemicals, refining of imported oil. In the service sector, tourism has had a major impact on the Dominican Republic's economy during the last 20 years and now contributes one-sixth of total output. Under the Fernandez government, which took office in 1996, the economy has grown quite strongly through the use of public works contracts. Substantial foreign aid, principally from the USA and the Inter-American Development Bank, is being used to improve the country's infrastructure. In 1984, the Dominican Republic was accepted into CARICOM. The USA is substantially the Dominican Republic's main trading partner, followed by Venezuela, Mexico, the Netherlands and Japan.
Government
The bicameral National Congress comprises the legislature, and members of both houses (Senate and Chamber of Deputies) are elected by universal adult suffrage, as is the President, who has executive power.

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