2003News

Erratum

In yesterday?s DR1 News, the central government of the Dominican Government was referred to as the ?federal government.? The Dominican Republic is not a federal government, but rather a republic with a central government. The federalist ideas were dismissed in the 1855 Constitutional Convention in Moca. Likewise, in the Friday, 10 January issue, DR1 reported …
2003News

Record inflation

The Consumer Price Index for 2002 ended at 10.5 percent, according to the Central Bank, and up from 4.38 percent in 2001. The CPI increase is attributed to the devaluation of the peso (25%), the increase in the power tariffs (averaging 49%) and multiple increases in the price of fuel, with the greatest increases occurring …
2003News

Budget passes in Senate

In two consecutive readings on Friday, the Senate approved the 2003 National Budget of RD$83 billion, the same total requested by the government, without any major changes.  El Caribe newspaper reports that to get the congressmen to approve the budget, the Executive Branch nevertheless had to redistribute RD$62 million among non-governmental agencies mostly belonging to …
2003News

Water down the drain

The Corporacion de Acueducto y Alcantarillado de Santo Domingo (CAASD) says that aside from wasteful water habits and leaks in cisterns and pipes, which greatly account for inordinate levels of water consumption, one may also attribute the excessive waste to the inefficiency of toilets. Julio Suero Marranzini, director of the city water and sewage department, …