Reduced mining output harms tax revenue and the growth of the sector.
World1 source1 country🔦 Under-reported58m ago
Mining activity in the Dominican Republic experienced a 15.9% year-on-year decline during July. This contraction was primarily driven by a reduction in the extraction and export of gold within the sector.
The decrease in mining output has had a direct impact on the national economy, negatively affecting both the growth of the mining sector and the revenue collected by the General Directorate of Internal Taxes.