2005 – Page 24

Changes introduced to the tax reform bill where it passed the first vote in the Chamber of Deputies last Wednesday were rejected by government that classified some of them as “unacceptable”, especially the 1.5% anticipated tax on net sales, the measures that eliminate the exchange commission, and those that limit the Monetary Board’s capacity, according …

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During a meeting held yesterday in the Presidential Palace, the Executive Branch decided to allocate RD$37.42 billion to public investment in provinces around the country in 2006. Resources will be used in infrastructures, aqueducts, educational centers, sanitary facilities, street paving, sidewalks, sports and community centers. Diario Libre reports the meeting was attended by President Leonel …

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Executive Branch Anti-Narcotics advisor Marino Vinicio (Vincho) Castillo reacted to US ambassador Hans Hertell’s comments yesterday by saying the diplomat was permissive with drug trafficking during former President Hipolito Mejia’s administration, as reported in Listin Diario. He stated drugs would enter the country during the past administration as if it were a public commercial or …

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Superintendent of Electricity Francisco Mendez said Dominicans are paying for an expensive and very bad and precarious energy service, when referring to the high rates paid by consumers which he believes reflect the inefficiency of electric distributors and the structural flaws in the sector. According to Listin Diario, the official stated that electric distribution companies …

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Surveys performed within the Dominican industrial sector indicate that the greatest negative impact on competitiveness is the electric problem, followed by the lack of expeditiousness in customs and port authority, the training of human resources, quality development, packing in the industrial processes and tax equality, according to a report in Listin Diario. DR Industry Association …

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A man was arrested upon his arrival at Las Americas International Airport from Spain carrying an official passport who is presumed to be one of the false council members that obtained the documents irregularly. According to Diario Libre, Fernando Beltre, originally from Azua, used an official passport that says he is a council member of …

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Former president of Banco del Progreso, Pedro Castillo, traveled to Miami, Florida, last 19 November, at a time when auditors are looking into his administration at that bank. According to Listin Diario, Migration authorities confirmed there was no exit impediment against Castillo. Recently, the new president of the bank, Roberto Bonetti said that Castillo’s removal …

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Drugs seized during the past two months, including 1,466.416 kilos of cocaine and 58.170 kilos of heroin among other narcotics, were incinerated yesterday by the National Drug Control Department (DNCD) at the Army Infantry Command headquarters on Duarte Highway, in the presence of Attorney General Francisco Dominguez Brito, prosecutor Perfecto Acosta, and Executive Branch Anti-Narcotics …

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The District Attorney’s department will auction the helicopter seized from Quirino Ernesto Paulino Castillo, who was extradited to the US where he is facing drug trafficking and money laundering charges in the Southern District of New York City. He is accused in connection to the seizure of 1,387 kilos of cocaine in Santo Domingo 18 …

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Lisbel Binet, a 22-year-old marketing student at Universidad Autonoma de Santo Domingo (UASD) bore quadruplets yesterday morning at the Hospital de la Mujer Dominicana. Listin Diario reports the babies-three girls and one boy-were premature but are stable in the health center’s Intensive Care Unit. Two of the girls weighed 2.1 pounds, the other weighed 2.4 …

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