It is no secret that the traffic situation is Santo Domingo is horrible. The not published truth is that the present and past governments have been major contributors to the problem. The government commercial bank, the Banco de Reservas over the years has sponsored dozens of “car fairs” with the lowest market interest rates available for people to purchase cars. Other leading banks have followed. Car vending businesses are all over the cities.
The local economic bonanza plus the low bank rates for the purchase of cars has turned roads into a nightmare for those who need to commute.
A recent report in Diario Libre says the Dominican Republic is third in Latin America in the number of vehicles per inhabitant. There are 507.8 motorized vehicles per 1,000 inhabitants in the Dominican Republic. The per capita places the DR only behind Argentina (590 per 1,000) and...
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