The Dominican Republic (Spanish: República Dominicana[reˈpuβliˌka ðoˌminiˈkana]) is a sovereign state located in the island of Hispaniola, in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with the nation of Haiti, making Hispaniola one of two Caribbean islands, along with Saint Martin, that are shared by two countries. The Dominican Republic is the second-largest Caribbean nation by area (after Cuba) at 48,445 square kilometers (18,705 sq mi), and third by population with approximately 10 million people, of which approximately three million live in the metropolitan area of Santo Domingo, the capital city.
The Dominican Republic has the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region. Over the last two decades, the Dominican Republic has had one of the fastest-growing economies in the Americas – with an average real GDP growth rate of 5.4% between 1992 and 2014. GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere. In the first half of 2016 the Dominican economy grew 7.4% continuing its trend of rapid economic growth. Recent growth has been driven by construction, manufacturing, tourism, and mining. The country is the site of the second largest gold mine in the world, the Pueblo Viejo mine. Private consumption has been strong, as a result of low inflation (under 1% on average in 2015), job creation, as well as a high level of remittances.
Founded in 1495 during the first wave of European settlement in the New World, the city is the "first Santiago of the Americas". Today it is one of the Dominican Republic's cultural, political, industrial and financial centers. Due to its location in the fertile Cibao Valley it has a robust agricultural sector and is a leading exporter of rum, textiles, and cigars. Santiago is known as "La Ciudad Corazón" (the "Heartland City"). (Full article...)
Danilo Medina Sanchez is the current President of the Dominican Republic, since August 16, 2012.
With broad political career, Medina is a member of the Dominican Liberation Party, the political party which has run the government of the country since 2004. He won the May 2012 dominican presidential election, defeating Hipolito Mejía with 51% of the votes.
Medina was born in Arroyo Cano, San Juan Province, in the southwest of the Dominican Republic. He is the oldest of eight brothers born of Juan Pablo Medina and Amelia Sánchez. Since he was 18 years old he was a student leader, founding the San Juan de la Maguana branch of the Frente Revolucionario Estudiantil Nacionalista at the UASD. When Professor Juan Bosch founded the Partido de la Liberación Dominicana in 1973, Medina joined him. He studied economics at Instituto Tecnológico Santo Domingo (INTEC), and graduated magna cum laude in 1984. He has been a member of the Central Committee of the PLD since 1983. In 1986 election he was elected a deputy in Congress. In 1987, he married psychologist Cándida Montilla and has three daughters, Sibeli, Vanessa and Ana Paula.