2000News

Budgetary commitments soar under Mejia

In the first seventy days of his administration, President Hipolito Mejia has made commitments to spend DR$3,875 million (around US$234.8 million) on agriculture, housing and transportation projects; and for the country?s internal debt, including the obligations of the Dominican Electric Corporation (CDE). The sum represents 6.4% of the national budget of around DR$60,000 million. This …
2000News

Labor unions and business organizations to discuss salary increases

The general pay increase proposed by President Hipolito Mejia will be the subject of a meeting today between representatives of the labor unions and the private commercial sector. Rafael Abreu, head of the Workers General Central (CGT) said that the representatives 28 labor unions would meet with the National Business Council (CONEP) to consider options …
2000News

Fernandez honored in Miami

Former President Leonel Fernandez was recognized as ?Business Leader of the Year? by the magazine, ?Latin Trade.? The award was made during a banquet in Miami at which Fernandez shared the limelight with top hemisphere business leaders. A Dominican delegation, led by former Vice President Jaime David Fernandez, was present. Fernandez served as President between …