2001 – Page 229

Attorney General Virgilio Bello Rosa says that when the President of the Supreme Court, and head of the judicial branch of government, requested the government fire financial officers that retain funds of the Judicial Branch, he was speaking in a figurative sense. President of Supreme Court Jorge Subero Isa is mad about the government retaining …

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Puerto Plata suffered through a 36-hour blackout over the New Year holiday. The blackout began at 6 pm of 31 December. Large hotels and establishments in Puerto Plata were not affected, due to their powerful standby plants, but small businesses and homes suffered the effects of the extended power outage. Hoy newspaper said that what …

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Two men died in an explosion of a 10,000-gallon fuel tanker in the Las Caobas neighborhood, at the intersection of the Prolongacion 27 de Febrero and Las Palmas. The dead were 49-year old Gilberto Arismendy Sandoval, a mechanic at the shop where the tanker was being repaired, and 33-year old Marino Aguero. Aguero was not …

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Aguilas Cibaeñas and Leones Escogido took the lead in the semi final round of the Dominican Winter Professional Baseball League, or Round Robin defeating the Azucareros del Este and the Estrellas Orientales, respectively.

The Organizing Committee of the 2003 Pan Am Games is confident that all steps leading to the DR keeping the seat of the summer games have been taken. A meeting will be held in Panama on 19 January to decide on whether the DR will keep the seat of the games. Dr. José Joaquín Puello, …

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President Mejia said in El Siglo that many that oppose the Games are experts in doing nothing. He said he backs the celebration of the Games in Santo Domingo in July 2003. "Yes, yes they can be held here, I believe they can, we have accepted more difficult challenges than that," he told the newspaper. …

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The tributary and reform bills, known as the "paquetazo" were passed by the PRD deputies with the support of former President Balaguer and the PRSC deputies. The passing resulted after a "pacto de caballeros," or gentlemen’s pact agreed upon by former President Balaguer with President Hipólito Mejía and the president of the Partido Revolucionario Dominicano, …

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Guillermo Caram, a PRSC leader, said that the passing of the "paquetazo" was not necessary and will bring about widespread tax evasion, decelerating of the economy and an increase in unemployment. José Manuel López Valdez, president of the Association of Commercial Banks, said that the tributary reform would strengthen public finances and increase government income. …

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According to a report in El Siglo, the Central Bank will start implementing a new economic model whereby it will concentrate on controlling inflation, lowering interest rates, rather than on controlling the exchange rate. Along these lines of modernizing the management of the economy, the Monetary Junta announced the approval of a strategic five-year plan …

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The Asociación de Concesionarios de Fabricantes de Vehiculos (Acofave) forecasts that prices of some brands of cars will increase 40% as a result of the passing of the "paquetazo". The combination of increases on the luxury item tax that affects vehicles and the increase in the ITBI tax that has gone up from 8 to …

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