President Leonel Fernández removed the director of the Instituto Nacional de Estabilización de Precios, Gustavo Sánchez Díaz. He was replaced by Alejandro Jérez Espinal. Inespre is a government division that sells subsidized food stuffs. On the same day, the President appointed engineer Eros Caamaño the new president of the board of the Electricity Superintendence. The Electricity Superintendence is a new organization that centralizes all electricity operations. It was created by Decree 118-98 of 16 March 1998. President Fernández also appointed engineers Marcos Cochón and Eduardo Quincose as members of the board of the newly created Superintendencia de Electricidad.
