2005News

International organizations are watching DR

In spite of President Leonel Fernandez’s efforts to strengthen state institutions and promote advances in the judicial system, the DR is still getting negative scores from international organizations, except for the area of macroeconomic growth and the considerable drop in the foreign exchange rate which have been praised internationally. According to Listin Diario, there are …
2005News

Steps towards tax reform consensus

According to Presidential Technical Secretary Temistocles Montas, new proposals have arisen for lawmakers’ consideration and which they have promised to analyze regarding the proposed tax reform bill in Congress. Diario Libre reports that he did not offer greater details but said there have been advances towards an agreement. Chamber of Deputies President Alfredo Pacheco did …
2005News

Electricity tariff increases

The Superintendence of Electricity announced higher electric tariffs for residential and commercial clients using more than 200 kiloWatt/hours. This comes as a result higher fuel prices and the slight increase in the foreign exchange rate, which have generated an accumulated increase of 30% being paid out by the state. According to Listin Diario, the government …