El Caribe reports that Central Bank Governor Hector Valdez Albizu, believes the DR is at a good moment in the handling of its monetary and tax policy, that could serve as a model for other nations in the area. Valdez was speaking at the launch of a seminar on “Design and Implementation of Monetary Policies in Central America and the DR”. He considered the country’s track record during the past 11 months worthy of examination. Valdez specifically pointed out as undeniable achievements the stability of the foreign exchange rate, the decrease in inflation, the increase of international reserves, the renegotiation of the foreign debt and the re-establishment of fiscal sustainability. The seminar was attended by several international delegations represented by Ivannia Solano Chacon, from Costa Rica, and Johnny Gramajo, Juan Carlos Castaneda and Oscar Gomez from Nicaragua.