Dolores Vicioso – Page 8095

Most of the Dominican agricultural products have declined in production when compared to 1995, according to a report from the Ministry of Agriculture. The report contradicts a conclusion by the Central Bank that has indicated in its quarterly report that “for the third consecutive month the price Index of Foodstuffs has declined, a reflection of …

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Last week, Mario Mendez, economic editor of the newspaper Hoy commented that there were abundant warnings that, if heeded, would have avoided the present electricity crisis. Mr Mendez says that nobody should be surprised by the situation. The CDE, whose own generators are deteriorating, now relies on private suppliers for more than 40% of its …

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The Dominican Republic has joined the bandwagon of those accusing the Cuban-Venezuelan banker, Orlando Castro Yunes and his relatives, saying that they defrauded their insurance company’s Dominican policy holders alone of RD$200 million, not taking into consideration the huge losses suffered by shareholders and depositors in his banking concerns in this country before he fled …

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The country’s most modern rice mill, built in Nagua for more than RD$300 million contributed by the Italian government and the Dominican Republic, has remained closed since its official opening last year because the government has not disbursed the RD$50 million it committed to lend to the cooperative of growers to put the mill to …

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The price of unleaded motor fuel has increased to RD$26.20 a gallon, following an increase in international prices for the product which is imported. Unleaded fuel fluctuates according to market prices, as it is not controlled by the government as in the case of the standard petrol.