Reduced mining output harms tax revenue and the growth of the sector.
World1 source1 country🔦 Under-reported18m ago
Mining activity in the Dominican Republic experienced a 15.9% year-on-year decline this past July. The downturn was primarily driven by a reduction in the extraction and export of gold.
The contraction in the mining sector has had a direct negative impact on the nation's economic growth and has adversely affected state revenues collected by the General Directorate of Internal Taxes.