2005News

Bonds approval

The Chamber of Deputies passed three bills that authorize the Executive Branch to issue bonds for RD$8.28 billion to pay internal debts of the government and capital for the Central Bank and the governmental Banco de Reservas. The Executive Branch bills had already been approved in the Senate and thus only require the presidential signature …
2005News

Renove case heard

Traffic jams and bottlenecks near the Palacio de la Justicia courthouse marked the start of the first hearings into the Plan Renove case of fraud against the state. The case is based on an audit carried out by the general controller’s office during the past Mejia government that showed major irregularities in purchasing procedures for …
2005News

Tobacco exports

The Dominican Republic plans to export 470 million cigars to Europe and the United States this year, according to a report from the Tobacco Institute (Intabaco). Jose Guillermo Lopez, told the Listin Diario, that 60% of the production of Dominican cigars is exported to the United States. He says that exports to Spain, Germany, the …