1996 – Page 14

Roberto Saladín, administrator of the Banco de Reservas, says that the government will create 320,000 new jobs during the next four years. He said that President Leonel Fernández’s target is to reduce the unemployment rate, for which he will lay out a plan for the creation of 80,000 new jobs per year. Meanwhile, the minister …

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President Leonel Fernández has raised his salary, the vice president’s, the Junta Central Electoral (JCE) judges, the president of the supreme court, the senate and the chamber of deputies, as well as the ministers and high rank military officers. Through decree 485-96, President Fernández increased his salary from RD$3,500 to RD$90,000 monthly, and the vice …

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The International Monetary Fund (IMF) has expressed in a report delivered to Dominican monetary authorities its opposition to high salary increases, because this will affect the country’s competitiveness. The report points out that the salary increases made in 1995 had an adverse effect on the country’s public finance and its external competition. The IMF thinks …

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President Leonel Fernández said that the salary increases he has ordered for high ranking government executives is the beginning of an ethical revolution that looks to shun temptation and provide lifestyle in accord with responsibilities. Vice President Jaime David Fernández said that those who lead the country and take important decisions should earn a decent …

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The International Monetary Fund (IMF) general director, Michel Camdessus, showed his satisfaction with the Dominican Republic’s economic development and congratulated President Leonel Fernández for achieving a non-traumatic economic transition. Mr. Camdesuss met in private with a Dominican delegation that attended the IMF assembly in Washington D.C. He also applauded the country’s impressive development and the …

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The San Cristóbal Chamber of Commerce is organizing its fourth commercial fair for the 4-10 November in the Auditorio Politécnico Loyola. This information was provided by Sean Ansett. He explained that there will be over 60 businesses taking part, both local and international. Cultural items and live performances will be presented nightly. Also on the …

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Dr. Jose Francisco Peña Gomez underwent successful surgery to remove cancerous tumors from his abdomen on 24 September at the Memorial Sloan Kettering Cancer Center in New York. A short time after the operation, the hospital released a bulletin announcing that it had been a success. The chief surgeon, Dr. Murray Brennan, performed the operation …

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The Administrative Secretary of the Presidency, Diandino Peña, promised that with his new Eventual Minimal Employment Plan (PEME), refuse piled up in the streets in Santo Domingo will be cleared by Tuesday, 2 October. At the time of going to press, Mr. Peña said that 3,600 cubic meters of refuse per day were being collected …

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A secretary at the Israeli Embassy in Santo Domingo, Aviv Cohen, was murdered in the suburb of Naco on 26 September, when trying to prevent his wife being assaulted. The immediate reaction of the National Department of Investigations (DNI) was to impose an exit prohibition on all residents in the D.R. of Arab origin, due …

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The Portal branch of the Banco Popular Dominicano was robbed on 26 September in what witnesses call “a movie-like operation”. The lone robber got away with RD$842,121.00, according to employees. The Listin Diario newspaper reports that the man entered the building just before 3 pm, when the security guard locked the front door which means …

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