2006News

President and former PM

Former Spanish Prime Minister Jose Maria Aznar had a special luncheon yesterday with President Leonel Fernandez. Aznar is in the country on a private visit and praised the county for its continued economic growth, although he did mention his concern about the increase in socialist governments in the region. The Presidential Press Secretary informed the …
2006News

Fiscal reform soon law

In consecutive readings last night, the Chamber of Deputies approved the fiscal reform, passing the much-debated tax plan. The bill now moves to the Presidency for signing into law. Although the PRSC and PRD representatives absented themselves in protest against the reform, 91 of the 93 PLD legislators voted in favor. Only Pelegrin Castillo and …
2006News

Forcing contraband

Although the fiscal reform was passed into law yesterday, former International Monetary Fund consultant Emil Sunley is warning that the increased taxes on tobacco and alcohol will only increase the amount of contraband, and continued to argue for the removal of those taxes. Sunley says that alcohol should be taxed according to unit, because an …
2006News

Still in the dark

Although energy sector representatives have met 12 times this year to discuss the country’s power problems, there have been no concrete resolutions and the energy system continues in decay. Of those 12 meetings held this year President Leonel Fernandez was present at six, with no results to show at all. El Caribe newspaper reports that …
2006News

Senasa ironies

The Dominican social security system that would provide coverage to most Dominicans has not yet been able to be implemented, but, as reported in Clave newspaper, the government chose to spend RD$140 million, including RD$100 million for remodeling and furnishing, on the new headquarters for the Seguro Nacional de Salud (Senasa) department. The newspaper points …