2000News

Hospital, library and Tamayo works inaugurated

President Leonel Fernandez inaugurated the 120-bed Herrera Hospital built at a cost of RD$142.8 million. The long awaited hospital seeks to decongestion other leading hospitals. Over the weekend, President Fernandez was also present to inaugurate the RD$177.8 million library built by the government at the Universidad Católica de Santo Domingo. Furthermore, the government officially handed …
2000News

High fuel prices create difficult situation, but it's not the end of the world, say economists

El Siglo newspaper interviewed several economists for wrap up statements on the present state of the economy upon the change of government. Most concur the situation is tough but that this is because of the increase in the cost of fuel purchases. Isidro Santana: "An aura of economic crisis has been created when the Dominican …
2000News

Segura criticizes generator companies

The general manager of the Dominican Electricity Corporation, Radhamés Segura accused the private companies in charge of Itabo and Haina power plants of overvaluing indexations applied to billings for fuel adjustment. He said that the unfair indexing has represented additional profits of US$12 million for these companies. He urged the new authorities to immediately start …
2000News

Legal case impedes paralyzes construction of Pan Am village

The president of the Dominican Olympic Committee and president of the Organizing Committee for the 2003 Pan American Games, Dr. José Joaquín Puello expressed his optimism that the government and disputing Inmobiliaria Vimenca will resolve their differences prior to the Supreme Court issuing a verdict on the subject. Inmobiliaria Vimenca has taken the government to …