2001 – Page 168

Changes are coming to radio’s most successful afternoon show, Jochi Santos’ "Botando el Golpe." Five years ago, when the popular TV show producer started the radio program, he never envisioned its phenomenal success. When the radio station requested his permission back then to register the name, he gave them green light. Now, Jochi Santos has …

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The Superintendency of Electricity is working closely with private power distributors to push ahead with the plan to get people living in low income barrios to pay for power. For the first time, residents in low income barrios are being billed for power. In the past, the service, though undependable, was subsidized by the government. …

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The Santo Domingo Water Corporation (CAASD) says that the first 35,000 water meters out of a total of 300,000 are being installed in areas of high consumption. Julio Suero Marranzini, director of CAASD, said that consumers will now pay for the amount of water they consume. The meters and billing contract per consumption has been …

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The Listin Diario published a front page story with the comments of a group of leading Dominican jurists on the issue of a constitutional reform regarding the permanent status of Dominican justices. Ramon Tapia Espinal, Mario Read Vittini, Fernando Hernandez Diaz, Jottin Cury, Manuel Berges, Ricardo Ravelo, Alejandro Debes, Marino Vinicio Castillo, Juan M. Castillo …

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Police investigations reveal that the accounting department scam discovered at the ADP public school teachers’ union was more likely to be worth more than RD$15 million, not RD$3 million as originally disclosed. The scam makes apparent the lack of accounting controls in that organization. The scam was discovered when by chance on 9 March a …

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The president of the Dominican Association of Free Zones, Jose Clase confirmed nearly 10,000 jobs have been lost in the free zone industries since orders began to decline due to the overnight slowdown in the US economy. 98% of Dominican free zone orders come from US companies. "If US sales are down, automatically our orders …

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The former director of the National Planning Office, Rafael Camilo said that the government has to revise its income forecast and implement new austerity measures in its spending so that it can have a surplus to make investments while not affecting the macroeconomic stability. He said that during the first two months of the year …

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Economist Eduardo Garcia Michel in the Listin Diario newspaper today urged the government to make adjustments in policies to maintain economic stability and lead the nation to economic recovery. He urged fiscal spending discipline so that economic reform measures can have their effect. He explains the goals for year end are to grow 6.5%, with …

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Economist Eduardo Garcia Michel, in the Listin Diario, explained the reason why it makes little sense for the nation to issue sovereign bonds at this time. Garcia Michel says that to increase the nation’s indebtedness in foreign currency of the nation only to increase the spending capacity of the government is not reasonable nor convenient. …

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