2009News

A wave of inaugurations

President Leonel Fernandez inaugurates today the Pinalito Hydroelectric Dam in the Province of Monsignor Nouel. The dam’s construction began in 2004, and it cost US$300 million. The project will supply 50 megawatts of electricity to the national grid. This same week, on Thursday, the nation’s leader will inaugurate a National Water Quality Reference Laboratory at …
2009News

Festival of Ideas

The Presidency is sponsoring a Festival of the Ideas from 10 August to 16 September, an event that seeks to highlight the ideas of leading Dominican thinkers. The first of several sessions, on 11 August, the works and thoughts of Pena Batlle, Joaquin Balaguer, Fabio Mota, Rodriguez Demorizi and Arturo Logrono will be discussed by …
2009News

Capital spending down 63%

While current expenditures were down 7.7% for the first half of the year, capital expenditures, needed for economic growth, were down nearly 64%, as reported in Hoy. In large part, this was attributed to the 93% reduction in disbursements for government constructions. These figures do not include government arrears with electricity generators, estimated at US$700 …