Dolores Vicioso – Page 7203

President Hipolito Mejia said his government will borrow RD$1,400 million (US$83 million) to pay part of what it owes to private power distributors and generators. In a talk to the nation, President Mejia said that investments of RD$16,000 million are underway to improve the electricity service. He spoke of his government’s plans to reduce costs …

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An El Caribe newspaper editorial comments that a US$83 million loan from private banks to the government to pay power bills would violate banking norms. National legislation limits the amount of money that banks can lend to one client. The editorial states that the government has already borrowed US$65 million to pay foreign debts and …

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Jose Ovalle, the Superintendent of Electricity, says the government owes RD$4,000 million to the electrical sectors, as reported in Hoy newspaper. He attributes the surge in blackouts to the government’s difficulties in making its payments. Meanwhile, Karl Huber, president of AES Distribuidora del Este, said most of the blackouts are occurring because of a lack …

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President Hipolito Mejia and the First Lady were present at the formal opening of the Centro Geriatrico Margarita Herrera in Pinar Quemados, Jarabacoa. The Foundation Huascar Rodriguez Herrera Inc. built and will operate the home where indigent elderly can live free of cost. The fully equipped home bears the name of the mother of businessman …

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The Ministry of the Armed Forces has announced it will give scholarships to youths from low income barrios so they can study at the Armed Forces vocational schools. The youths will be able to choose from 33 technical careers. The Ministry says the students will be guaranteed jobs upon graduation.

Supreme Court Judge Juan Guiliani Volquez died yesterday at age 89. The President of the Supreme Court of Justice Jorge Subero Isa said it is timely that the National Council of the Magistracy is convening to choose new judges. In 1996, a major restructuring of the judiciary took place and 16 judges were appointed to …

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Former secretary general of the Partido de la Liberacion Dominicana (PLD), Jose Tomas Perez, has announced he wants to run for senator for the PLD in the National District (Santo Domingo). He said he would work to improve the deteriorated image of the Senate.