2008News

DR foreign debt up 18.3%

The foreign debt of the Dominican Republic has grown by 18.3% during the current Fernandez administration. This contrasts sharply with the first (1996-2000) Leonel Fernandez administration, which saw a -3.3% reduction in the nation’s foreign debt. The current figure is US$7.542 billion, up from US$6.379 billion in 2004. The report from the Ministry of the …
2008News

Ship pays fine

The Ministry of the Environment has announced that the Seaboard Caribbean, the ship that spilled hundreds of gallons of fuel oil in Punta Caucedo, affecting beaches in Boca Chica, has paid the fines that were levied. The ship paid RD$7,095,314, according to the Diario Libre. The sum was divided between punitive damages and the cost …
2008News

Education

Adriano Miguel Tejada, executive editor of Diario Libre, pinpoints the need for more governmental emphasis in basic education when highlighting that many of the weaknesses of Dominican society today are due to a lack of priority of education in the governmental budget. “Those that still doubt the impact a deficit in funding for education has …