1996News

Insufficient funds

Doctor Onofre Rojas director of the Centro de Investigación y Promoción Social, called a press conference to advise that “the RD$500 million assigned to the Plan de Alimentación y Nutrición (nutritional feeding program) was insufficient to solve the nutritional problems in the country. He said, “The country has very serious nutritional problems as well as …

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1996News

Low production versus high consumption

The study República Dominicana: Pobreza Rural y el Sector Agropecuario, (Dominican Republic: Rural Poverty and the Agricultural Sector), prepared by the Interamerican Development Bank (IDB) by advisor Eugenia Muchnik de R., dated the 30th. of June, considers it imperative that the misuse of natural resources and associated improper practices, be stopped immediately. “There is cause …

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1996News

RD$704 million on loan

Commercial banks increased their lending portfolio to RD$704.6 million in the second quarter of the year, according to a report released by the Banco Popular. “The lending portfolio of commercial banks,” according to the report, “increased from RD$21,944.8 million in March to RD$22,649 in June.”
1996News

New gold exploration

President Balaguer authorized the Australian company, Mineral International Exploration to survey the gold reserves in five eastern communities of the country, where there are also large deposits of silver and copper. The company will also survey the areas of Bonao and Cotui. The whole survey will cover Miches, El Seibo, Hato Mayor, Yamasá, and Bayaguana, …

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1996 Travel News ArchiveTravel

Balaguer administration rules on areas that will be off limits for development

Last week, the government adopted generic categories approved by the Union Mundial para la Conservacion de la Naturaleza to organize a system of protected areas. Decree 309-95 establishes six distinct categories. The new legislation will affect some developers who intended to establish tourist projects in areas that environmentalists feel should be strictly preserved for eco-tourism. …

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1996 Travel News ArchiveTravel

West Indies Flyers to try out new Barahona airport

Some 15 single and twin-engined light aircraft are expected to land on Monday, 8 January, at the Maria Montez Barahona International Airport. Frank Jorge Elias, the Minister of Tourism, reported that the members of the West Indies Flyers Club chose the Barahona airport for their visit to the Dominican Republic this year. Jorge Elías said …

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