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

World 1 source 1 country 🔦 Under-reported 23m ago

Mining activity in the Dominican Republic experienced a 15.9% year-on-year decline in July. The downturn was primarily driven by a reduction in both the extraction and exportation of gold.

The contraction in the mining sector had a direct negative impact on the state's fiscal health, resulting in reduced revenues for the country's General Directorate of Internal Taxes (DGII) and hindering overall growth within the sector.

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Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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