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Dominican Republic Location : Caribbean, eastern two-thirds of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, east of Haiti Capital City : Santo Domingo Curreny : Dominican peso (DOP) Languages Spoken : Spanish Climate : tropical maritime; little seasonal temperature variation; seasonal variation in rainfall National Holiday : Independence Day, 27 February (1844) Background Information A legacy of unsettled, mostly nonrepresentative, rule for much of the 20th century was brought to an end in 1996 when free and open elections ushered in a new government. Geographical Note shares island of Hispaniola with Haiti (eastern two-thirds is the Dominican Republic, western one-third is Haiti) Economy The Dominican economy experienced dramatic growth over the last decade, even though the economy was hit hard by Hurricane Georges in 1998. Although the country has long been viewed primarily as an exporter of sugar, coffee, and tobacco, in recent years the service sector has overtaken agriculture as the economy's largest employer, due to growth in tourism and free trade zones. The country suffers from marked income inequality; the poorest half of the population receives less than one-fifth of GNP, while the richest 10% enjoy 40% of national income. A US $500 million foreign bond issue in September 2001 will contribute to increased public investment spending. Religions Roman Catholic 95% Ports : Barahona, La Romana, Manzanillo, Puerto Plata, San Pedro de Macoris, Santo Domingo International Disputes - Risks to travellers : none
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Dominican Republic
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