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The Dominican Republic reached Chile's level of Debt Transparency

 

The Dominican Republic, according to the 2009 Report of the Institute of International Finance, a global entity comprising most international financial institutions  which conducts assessments of public debt systems worldwide, reached in 2009 the level of Transparency on Public Debt Statistics obtained by Chile in 2008.

The association,  located  in Washington, D.C., awarded 35 points out of a total of 42 points to the Dominican Republic in the index on transparency and dissemination of debt data, after reaching 13 points in early 2007. In relation to the index of best practice investor relation, the country's score improved substantially from 2 to 29 points of 38 possible points. The country is recognized by IIF, for  the second consecutive year, for the substantial improvements in its systems of public credit and in permanent contact with local and international investors.

In the category of best practices in investor relations, the Dominican Republic is positioned above Colombia, Costa Rica and Venezuela, with scores of 22, 11 and 10 respectively, compared to a score of 29 by the Republic. Brazil, Chile, Mexico and Peru obtained scores of 38, 36, 34 and 32 respectively. Similarly, in the category of transparency and dissemination of debt data, the Dominican Republic is located above Colombia, Costa Rica and Venezuela, with scores of 32, 26 and 31 respectively, compared to a score of 35 by the Republic. Brazil, Chile, Mexico and Peru obtained scores of 39, 41, 37 and 36 respectively. View Report