2006 – Page 301

Migration Director Carlos Amarante Baret called for farm and engineering companies to limit themselves to the legal 20% of foreigners in their work force. The restriction has existed for years but is systematically ignored by employers.

Radhames Segura, spokesman for CDEEE, the government electricity corporation, admitted that the government is obliged to pay 30% overcharge when compared to international standards when purchasing power from local generators. He told Hoy newspaper that the government seeks to renegotiate the Agreement of Madrid (signed in the Mejia government), the Smith and Enron agreement (signed …

Read more…

The bicameral commission that is studying the 2006 Budget and Public Expense Bill prepared a preliminary report based on points negotiated with government technicians. According to a report by Diario Libre, the commission’s chairman Hugo Rafael Nunez explained that the report will help expedite the bill’s approval when the Executive Branch submits the addendum to …

Read more…

Franco Uccelli, of Bear Stearns brokerage house, reports today on the delay in congressional agreement to the London Club debt restructuring agreement. He says that the delays are putting the debt relief accord at risk. He tells that in mid-October, the Dominican government had announced that it had reached an agreement with a group of …

Read more…

Wages are worth much less, is the conclusion of an analysis done by Listin Diario that calculates that if a person earned RD$20,000 per month in 2000 at a RD$16.18 currency exchange rate, the salary was equivalent to US$1,236.10. Today, the same salary in pesos calculated at a RD$30.28 exchange rate would be equal to …

Read more…

As of yesterday, the DR will preside for the next six months the Council of Ministers for the African, Caribbean and Pacific (ACP) states and the Ambassadors’ Committee, according to official sources quoted by El Caribe. The President of the National Office for European Development Funds (ONFED), Onofre Rojas, will preside the Council of Ministers …

Read more…

The European Union announced it has available RD$230 million to equip 13 vocational schools nationwide. The first to benefit are the polytechnical schools Victor Estrella Liz and Cardenal Sancha in Santo Domingo; Jose Delio Guzman in Bonao and Federico Henriquez y Carvajal in Barahona.

Today, new Haitian ambassador Fritz Cineas will present his credentials to President Leonel Fernandez as confirmed by the President himself yesterday in Azua. Diario Libre reports that Fernandez did not explain why it took one month to receive the official presentation of the new diplomat.

Attorney General Francisco Dominguez Brito announced he will take a three-month unpaid leave of absence beginning 16 February to campaign for his candidacy as Senator of Santiago for PLD. He made the announcement during a press conference yesterday. The leave was requested yesterday to President Fernandez. During Dominguez’s leave, Joint Attorney General Rodolfo Espineira will …

Read more…

Hatuey De Camps’ party, the PRSD, will have to change the colors that identify the organization as determined by the Central Electoral Board (JCE) that bases its decision on the law that says the colors of the national flag cannot be used for partisan activities, as reported by Diario Libre. Disgruntled De Camps has agreed …

Read more…