The Senate suspended work yesterday and postponed debate on the bill to create a Monetary and Financial Code until next Tuesday, just as the Senate did the day before for the national budget. Late Tuesday a compromise accord was announced on the Code by Senate President Ramón Alburquerque and the President of the Association of Commercial Banks, José Manuel López Valdéz. Passage of the bill has been four years in the making. Debate was suspended yesterday so that the leadership of the Dominican Revolutionary Party (PRD) could meet with allied Senators of the Santo Domingo Accord (ASD) to discuss in detail the compromise reached on the Code, as well as the compromise accord worked out last week with the Fernández Government on the national budget. After emerging from that meeting, PRD President Dr. Enmanuel Esquea Guerrero told the news daily El Siglo that the PRD leadership endorsed both compromise pacts.
