Dolores Vicioso – Page 6884

2003 News

World Bank economist and dollarization

Guillermo Perry, an economist for the World Bank, said yesterday that the Dominican Republic does not have enough hard-currency reserves to convert to a dollar-based economy. Speaking to reporters at the presentation of the document ?Closing the Gap in Education and Technology?, Perry said that the first thing that must be done is collect all …

2003 News

Lots of pesos for the dollar

El Caribe newspaper reports that the dollar was creeping above RD$26 on the local exchange market yesterday, setting a new record-low for the Dominican peso. The Euro was selling for as much as RD$30. Minister of Finance Rafael Calder?n announced that the Monetary Board would meet to study measures to be taken. He told El …

2003 News

IMF urges more fiscal discipline

The International Monetary Fund, in a report to the Central Bank, requested that the government effectively monitor its spending on salaries, capital investment and subsidies to reduce overall spending. The report mentions that during the first quarter, government payroll expenses were up. The report specifies that the number of government employees is excessive and that …

2003 News

Strange deposit for loan contracts

El Caribe newspaper, in its ?En la cosa? column today, tells that when economist Carlos Despradel took over from his predecessor Rafael Calder?n as head of the Technical Secretariat of the Presidency, his priorities included an analysis of the composition of the foreign debt contracted by the present administration. The original documents were nowhere to …

2003 News

Democracy turned into tigercracy

Former President Leonel Fern?ndez said on the ?Temas del D?a? TV program on Channel 23 that the PRD has converted democracy into a ?tigercracy? (tiguerocracia). The catchy new term could find its place in the political jargon used in the country and is derived from the word ?tiguere?, which is commonly used to describe all …

2003 News

Problems at the tollbooths

The chaotic driving conditions generally noted on the roads in the Dominican Republic are the subject of an article in today?s List?n Diario. Apparently, illiterate drivers cannot understand the signs or the meaning of ?Exact Change? at the tollbooths, and frequently stop their vehicles, get out and attempt to obtain the correct change, all the …

2003 News

Nudity not acceptable

The five young men who drove around nude in an SUV along Abraham Lincoln Avenue were being interrogated yesterday by police, to see if their actions had been influenced by the use of drugs. Meanwhile, the District Attorney for the National District, M?ximo Aristy Caraballo, said that the young streakers could face up to six …

2003 Travel News Archive Travel

Puerto Plata port contract granted

Puerto Plata port construction contract granted President Hip?lito Mej?a has authorized the construction of the US$160-million Puerto Plata port, announced governor of that province Ginnette Bournigal de Jim?nez, as reported in Hoy newspaper. The construction of the port will require the relocation of the Smith-Enron power plant and the clinker downloading facility of the port. …

2003 Travel News Archive Travel

One hour from Santo Domingo to La Romana?

The Ministry of Public Works is promising to finish the majestic bridge under construction over the Higuamo River in San Pedro de Macor?s by this December, according to a report in Hoy newspaper. The 606-meter long bridge hangs 106 meters over the river and will enable travelers en route from La Romana to Santo Domingo …

2003 Travel News Archive Travel

Best of contemporary Bachata

Dominican Latin Billboard Award winners Monchy and Alexandra will perform live on stage 16-18 May at the National Theater, and again on 23-25 May at the Gran Teatro Regional in Santiago. The popular duo recently received a double win for Tropical/Salsa Album of the Year for their work on “Confesiones… ” and for Tropical/Salsa Airplay …

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Dolores Vicioso – Page 6884

World Bank economist and dollarization

Lots of pesos for the dollar

IMF urges more fiscal discipline

Strange deposit for loan contracts

Democracy turned into tigercracy

Problems at the tollbooths

Nudity not acceptable

Puerto Plata port contract granted

One hour from Santo Domingo to La Romana?

Best of contemporary Bachata