1998News

Making transparent the petroleum boon

President Leonel Fernández ordered that the Refinería Dominicana de Petróleo deposit in the Central Bank all resources received from the differential from the price paid for petroleum and the sales price to the distributors. Decree 247-98 establishes manners that make more transparent the millions the government is receiving. Opposition sectors estimate that this year the …
1998News

Milagros Ortíz Bosch says she's running for President

Milagros Ortíz Bosch, senator re-elect for Santo Domingo, could be the Dominican Republic’s next President. She announced her decision to seek the presidential candidacy of the Partido Revolucionario Dominicano (PRD) for the year 2000 at a press conference called at the Hotel Jaragua. She feels her candidacy represents the majority expression of the party and …
1998News

President announces measures to control government spending

Addressing the nation on television last night, President Leonel Fernández announced measures to control government spending. The President authorized a freeze on government payroll spending to levels of May of this year. The President ordered department heads of central and autonomous government institutions to reduce non-priority expenditures. He ordered that heads of government institutions establish …