2024 – Page 14

Playing in their newly remodelled Tetelo Vargas Stadium in San Pedro de Macoris, the Estrellas Orientales took the lead of the Dominican Winter Professional Baseball Championship by defeating the Escogido Lions on Wednesday, 4 December 2024. Ismael Munguía was the undisputed hero of the night as his two-run RBI single in the seventh inning propelled …

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On Tuesday, 3 December 2024, President Luis Abinader presented two key legislative initiatives to the National Congress via the Senate, aimed at strengthening the criminal justice framework in the Dominican Republic. The proposed laws are the Bill on the Prosecution and Judicialization of Criminal Organizations and the Bill on the Care, Legal Representation, and Protection …

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In a move aimed at stimulating the economy and making homeownership more accessible, the Dominican Republic’s Central Bank (BCRD) has announced a series of monetary policy adjustments after its late November 2024 meeting. During the November 2024 meeting, the BCRD’s Monetary Board decided to:• Reduce the policy interest rate by 25 basis points to 6.00% …

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Interior and Police Minister Faride Raful announced on 3 December 2024 that the country’s accumulated homicide rate for 2024 has reached a historic low of 9.58 per 100,000 inhabitants. The minister highlighted that November has seen a significant decrease in these incidents. Raful noted that there were even two days in the last week of …

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On Tuesday, 3 December 2024, legislators of the Modern Revolutionary Party voting in favor of approving the 2025 National Budget as received from the Presidency. Despite objections from the opposition legislators, the ruling party majority successfully pushed through the legislation in an urgent session. The government estimates a total revenue of RD$1,681,728,011,591 for the upcoming …

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Standard & Poor’s (S&P Global) has once again reaffirmed the Dominican Republic’s credit rating at “BB with a stable outlook,” highlighting the country’s regional leadership in terms of economic growth. The credit rating had been announced on 5 January 2024 and is described as one that reflects the country’s strengthened governmental institutions, sustained high economic …

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President Luis Abinader announced that it is a priority of his government to build the skylift mass transit solution for Santo Domingo West. The system will connect residents from kilometer 9 of the Duarte Highway to the neighborhoods of Buenos Aires, La Altagracia, El Café, Carretera Sánchez, and the Port of Haina, with an estimated …

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Prosecutors have resumed their duties in prosecutors’ offices and courthouses nationwide after ending a strike, following an agreement with Attorney General Miriam Germán Brito, president of the Superior Council of the Public Ministry (CSMP). The strike was called over demands for salary increases. Court prosecutor Francisco Rodríguez, a member of the Dominican Prosecutors Association (Fiscaldom), …

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Dominican Ambassador Mario Arvelo has been recognized for his unwavering commitment to eradicating global hunger. The World Food Programme (WFP) presented Arvelo with a certificate of recognition in November 2024, highlighting his “indefatigable commitment and exceptional service to end hunger in the world.” Arvelo shared the news on X (Twitter), expressing gratitude to WFP Executive …

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The opposition has escalated its calls for the government to provide a detailed accounting of the funds obtained from the renegotiated Aerodom contract for the Las Americas International Airport concession. Aerodom operates the airports in Santo Domingo, Puerto Plata, Samana and Barahona. Last November, the government announced the Las Americas renegotiation of the Aerodom concession …

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