2004News

Peso schizofrenia

The Dominican peso, which abruptly shot to a record two-year high of RD$27 to US$1 last week, lost out to the US currency and yesterday was being traded at RD$35.50 and RD$37 to US$1. Exchange banks said there was a scarcity of dollars. Meanwhile, Finance Minister Vicente Bengoa, as reported in Diario Libre, said that …
2004News

Watchmen as teachers?

The Fernandez administration has been requiring that all public employees be paid in person in order to detect government payroll irregularities. The Ministry of Education, for one, has said that they have found hundreds of such discrepancies already, among which are the names of 271 watchmen, gardeners, janitors, and office clerks who had been promoted …