1999News

Bonao strike ends

The organizers of the two-day general strike in Bonao, the Dignity Bloc of Monseñor Nouel Province (Bonao is the provincial capital, located northwest of Santo Domingo along the highway to Santiago), late last night called an end to the strike. The Bloc ended the strike after reaching a series of agreements with government officials; government …
1999News

Senate President calls for dismissal of 300 government subsecretaries

Senate President Ramón Alburquerque yesterday called on President Fernández to cancel 300 subsecretary posts in his government and use the resulting salary savings to pay for the pay hike sought by doctors. He said that the doctors perform a vital service to the Dominican public and deserve a raise, whereas the 300 functionaries he proposes …
1999News

Agriculture leaders howl over Bagrícola loan rate hike

On Tuesday the Administrator of the state-owned Agriculture Bank (Banco Agrícola ­ "Bagrícola") announced that starting May 1st the costs of its loans will rise sharply. Presently bearing a favorable 12% interest rate, Bagrícola loans also will start carrying a 6% charge for "closing costs." Many agricultural producers have protested not only the rise in …
1999News

Dialogue resumes tonight

The ninth session of the political dialogue between the three major political parties ­ the ruling Dominican Liberation Party (PLD), the Dominican Revolutionary Party (PRD, which controls the Congress), and the Reformist-Social Christian Party (PRSC) ­ is due to convene late this afternoon at the National Palace. The principal focus of today’s session is expected …