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Dominican Republic          | Dominican Republic Increases Import Du...

Published: Dec 08, 2003

Dominican Republic         

Dominican Republic Increases Import Duty

The Dominican Republic has increased its import duties on all imports from 4.75 percent to 10.00 percent. The Caribbean country’s economy is in grave difficulty, and the government is seeking assistance from the International Monetary Fund (IMF).

Dominican Republic         

Dominican Republic Increases Import Duty

The Dominican Republic has increased its import duties on all imports from 4.75 percent to 10.00 percent. The Caribbean country’s economy is in grave difficulty, and the government is seeking assistance from the International Monetary Fund (IMF).