2006 – Page 13

At the close of last year the Central Bank’s net deficit was RD$23.9 billion, due in large part to an increase in its liabilities that surged from RD$245.4 billion in 2004 to RD$311.6 billion last year. These figures are part of the findings of an audit conducted by the accounting firm Price Waterhouse Cooper. During …

Read more…

Diario Libre reports that of the 18 savings and loans associations in the country, only five comply with the Banking Superintendence’s regulations. This is according to an evaluation by the Banking Superintendence, carried out with support from the International Monetary Fund (IMF). Although the document was supposed to be confidential because of some anomalies in …

Read more…

The Central Electoral Board (JCE) is asking the executive branch for the disbursal of an extra RD$245 million in order to deal with the deficit at the JCE. The JCE is asking for the money because according to them they have a monthly deficit of RD$22 million and that the disorganization in the payroll and …

Read more…

Details in the DatoCentro case are slowly surfacing, including the revelation that the company that was supposed to automate the Central Electoral Board (JCE) no longer exists. What is even more compelling is that former company executives are refusing to cooperate in the investigation, leading authorities on a goose chase to find all the guilty …

Read more…

Opposition party PRD member Ramon Alburquerque is warning his party’s legislators that if they vote in favor of the announced fiscal reform they will be immediately removed from the party. This decision was made unanimously by the party leadership, and comes only days after PLD member and Interior and Police Minister Franklyn Almeyda announced that …

Read more…

The Hamilton Beattie & Staff poll contracted by Listin Diario reveals that First Lady Margarita Cedeno has the highest favorable rating among Dominican public figures. She received a 71% favorable rate with only a 27% unfavorable vote, followed by Cardinal Nicolas Lopez Rodriguez (65%), Pedro de Jesus Candelier (63%), Jose Tomas Perez (63%), Jaime David …

Read more…

Retired General Pedro de Jesus Candelier and former Presidential Minister Danilo Medina have both announced that they plan to run for President in 2008. Candelier criticized recent polls, claiming that they are trying to exclude him from the electoral process by only presenting the major parties as political options. Candelier has now asked for the …

Read more…

An anti re-election petition from Deputy Luis Jose Gonzalez Sanchez (PRSC) has been doing the rounds at Congress and is receiving support from other deputies, according to Diario Libre. The petition has 40 signatures of the 60 total needed to present a formal project aimed at reforming the Dominican constitution and prohibiting Presidential re-election. Although …

Read more…

The Department of Drug Control (DNCD) has intercepted a drug shipment with a total weight of 235.5 kilos. The drugs were found on a farm in Sabana de la Mar and belong to low-ranking army officer from Miches, who was apprehended with three Haitian nationals and two other Dominicans. The drugs were being transported in …

Read more…

The sextuplets born to Maxima Perez and Emilio Figueroa will be one year old on 26 December. The siblings were at the Plaza de la Salud Hospital yesterday for a check up accompanied by a group of neighbors who helped transport the family to the hospital. Hospital manager Julio Amado Castanos said that the Plaza …

Read more…