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Reduced mining output harms tax revenue and the growth of the sector.

World 1 source 1 country 🔦 Under-reported 18m 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.

In-depth summary · AI, neutral
Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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