1999News

US$500 million for public works through August

The National Planning Office director, Rafael Camilo said that the government has budgeted RD$8,000 million (about US$500 million) to complete public works initiated during the Fernández administration. The government completes its term in August 2000. Camilo also said the government will be submitting a RD$50,000 million budget bill to Congress in mid November. Of the …
1999News

Poverty is poverty

The Listin Diario newspaper reports that 20% of the children under 14 years of age in the mountain valley farming communities of Constanza have not been officially declared. Pro-Joven coordinator Karen Ovalles said that when carrying out a program to combat child labor they counted 3,895 undeclared children. She said that most of the children …
1999News

Politicians make promises to exporters

Partido Revolucionario Dominicano (PRD) presidential candidate Hipólito Mejía and Partido de la Liberación Dominicana (PLD) presidential candidate Danilo Medina were speakers at the annual dinner of the Dominican Association of Exporters last night. It was the first time the two met publicly after their being chosen presidential candidates. Of course, their photos in an embrace …
1999News

Free zones diversify

Listín Diario newspaper reports on the diversification of the Dominican industrial free zones. After more than 30 years of dominance of textile assembly plants, now the growth pace of these has diminished, while the rate of installation of non-apparel plants is growing. From January to October 1999, the National Council of Export Free Zones authorized …
1999News

Fixed petroleum tax

President Leonel Fernández announced yesterday at the Latin American Travel Press Conference that he has plans to send a bill that would incorporate a fixed tax on petroleum product sales in the DR to Congress next week. This way, the increase of the prices of petroleum products would stop having political and social implications, he …