2001 – Page 184

National Park of the Este controversy

President Hipólito Mejia, admitting that a decree cannot modify a law, corrected his error in January, as newspaper reports revealed over the weekend. Reportedly, he sent to the Senate on 23 January a law that gives legality to what he proposes in two earlier decrees. The subject of controversy is the separation of an area …

Is Bahia de las Aguilas appropriate for mass tourism?

The government’s announcement to expropriate beach property part of the Jaragua National Park on the southwestern coast is also making headlines. This is not the first time the lands make headlines. Tourism development of the lands were halted when the Leonel Fernandez administration debated the expropriation of the lands during the last months of the …

2001 News

President Mejia favors constitutional reform

President Hipolito Mejia said over the weekend that he favors reforming the Constitution so that a 40-45% vote is needed to win the Presidency in a first electoral round. At present, 50%+ 1 vote is needed. In the 2000 election, President Mejia himself did not make the 50%, but was so near, his closest opponent …

2001 News

President of Venezuela to visit on Friday

Hoy newspaper reports that President Hugo Chavez of Venezuela will make an official visit to Santo Domingo from Friday, 9 March to Sunday, 11 March. Venezuelan ambassador in the DR, Julio Portillo said that on the list of probable projects to be announced during the visit is the construction of a fuel refinery that would …

2001 News

President Mejia rejects there is a stagnation of the economy

President Mejia rejects there is a paralysis of the economy as denounced by the president of the Herrera Association of Industries, Antonio Espín. Espín alerted that spending and sales are down as a result of recent government measures. Mejía called Espín a "pseudo-businessman." Mejia said that he will not allow anyone to set guidelines for …

2001 News

Governor of Central Bank explains strategy for more dynamic economy

The Governor of the Central Bank, Frank Guerrero confirmed that as of June 2001 the Central Bank will return non-institutional investors the money they have invested in certificates of participation at the Central Bank. He said the decision will increase the money in circulation, as these investors are most likely to deposit the money in …

2001 News

More of the traditional building policy

El Caribe newspaper reports that despite campaign propaganda to do otherwise, and a governmental promise to desist from the practice of allotting public works without tenders as of this January, this practice continues in the present administration. The newspaper says that only the Oficina Coordinadora y Supervisora de Obras del Estado allotted 360 works for …

Market Ordering Code needed urgently

The Dominican Republic representative before the World Trade Organization, Federico Alberto Cuello urged Congress to pass the Codigo de Ordenamiento de Mercado, a bill that establishes free competition practices. He said that the Dominican Republic authorities should be concerned with the expected merges of American Airlines and TWA and that of Iberia and Air Europa. …

2001 News

Candidates to secretary general of the PLD

The Partido de la Liberación Dominicana announced that its 300-member central committee has chosen the candidates for the post of secretary general of the party. These are Jose Tomas Perez (present secretary general), German, Norge Botello and Reynaldo Pared Perez. The 300-member central committee is scheduled to vote on Sunday, 12 March.

2001 News

President of Banks favors Competitiveness Plan

The president of the Association of Banks of the DR, Jose Manuel Lopez told the Listin Diario that he favors the implementation of a National Competitiveness Plan. He said the plan has had the support of the Agency for International Development of the United States government. He said that the banks support the work of …

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2001 – Page 184

National Park of the Este controversy

Is Bahia de las Aguilas appropriate for mass tourism?

President Mejia favors constitutional reform

President of Venezuela to visit on Friday

President Mejia rejects there is a stagnation of the economy

Governor of Central Bank explains strategy for more dynamic economy

More of the traditional building policy

Market Ordering Code needed urgently

Candidates to secretary general of the PLD

President of Banks favors Competitiveness Plan