2003News

A first for zoning laws

The Municipal Court of the First Instance in the National District, located on Barahona Street, has decreed that a 10-storey apartment building located in the Naco section of Santo Domingo, be torn down ? an unprecedented case in Dominican jurisprudence. The construction company responsible for erecting the building has been given until the second week …
2003News

More belt tightening

In his address to the nation Sunday evening, President Hipolito Mejia asked citizens to again tighten their belts, and announced a temporary 10-percent additional surcharge on all imported items, with the exception of raw materials, capital goods, medicines, and food products. The additional surcharge is expected to be enforced for the next three months. Mejia …
2003News

Cure worse than the illness?

Generally speaking, representatives of the business community have been critical of government measures that give priority to macroeconomic stability and the stability of the exchange rate versus creating an adequate climate for the productive sectors. Ignacio Mendez of the Federacion de Asociaciones Industriales (FAI) says that the measures announced last week by the Monetary Board …