2000News

Authorities restrict government overspending

The Monetary Junta, the highest-ranking financial authority in the DR, pulled the breaks on government spending yesterday. The Monetary Junta issued a resolution that restricts government spending to the average for the last trimester of 1999 through 31 December 2000. The government is instructed to remove from circulation the excess government expenditure over the established …
2000News

President Fernández to France-Cariforum summit

President Leonel Fernández traveled to Point-a-Pitre, Guadeloupe today, Friday, 10 March to attend a Caribbean Summit of Heads of State and Government. The President of France, Jacques Chirac is participating in the meetings. Trade with France, management of natural disasters, drug trafficking cooperation, development of agrochemical research, and cultural and sports exchanges discussions are on …
2000News

New Mexican and Panamanian ambassadors

President Leonel Fernández received the credentials of Ambassador of Panama Alberto Castillero Pinilla and Ambassador of Mexico Amanda Mireya Terán Munguía. Ambassador Terán is a languages and Spanish literature graduate, who has been in the Mexican diplomatic corps since 1970. She was first sent abroad in 1998. Ambassador Alberto Castillero, a business administrator, has been …
2000News

Political scientist on the DR success story

Visiting political scientist Howard Wiarda (http://www.csis.org/html/4wiarda.html) attributed the outstanding Dominican growth to the diversification of the economy. He said the DR has five strong growth areas: tourism, free zones, telecommunications, remittances of Dominican living abroad, and construction that have added great dynamism to the local economy. He said a combination of political and economic stability …