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May 17th, 2008
Posted: 09:51 PM ET

(CNN) — Dominican Republic President Leonel Fernandez, who led the island nation out of dire economic times, was re-elected to a third term on Saturday, according to election results.

Fernandez took nearly 54 percent of the vote in a multi-party race, avoiding a runoff. His main rival, center-leftist candidate Miguel Vargas, took roughly 40 percent of the vote and said he accepted the results shortly after Fernandez declared victory.

In an exclusive interview with CNN en Espanol, Fernandez called on opposition members to work with him to continue efforts that have turned the Dominican Republic into one of the fastest-growing economies in the Caribbean.


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