2009News

Year of Juan Bosch

The Executive Branch has officially named 2009 as the Year of the 100th Anniversary of the Birth of Juan Bosch, the late poet, novelist and thinker who served as President of the Dominican Republic for seven months (Feb-Sept 1963) and founded the ruling PLD party. Decree 247-08 highlights that Bosch is an unsurpassable point of …
2009News

Free rides on Metro over

The free Metro rides program concluded yesterday, with officials labeling it a successful three-week test run during the holidays. Officials will now evaluate the three-week program and fine-tune the operation before officially opening the Metro to the public at a yet to be confirmed date. Transport Reorganization Office (OPRET) official Leonel Carrasco praised passengers’ good …
2009News

Inflation down

The Central Bank reports that inflation during the last quarter of 2008 fell by 5.63% due to the decrease in international petroleum prices. Due to this decrease in quarterly inflation, the accumulated inflation for 2008 registered at 4.52%, which is the lowest in seven years and almost half of the 2008 inflation rate of 8.8%. …
2009News

Metal exports up!

The headline is correct and Dominican metal exports are up, according to the Dominican Republic Center for Exports and Investment (CEI-RD). During the first 10 months of 2008 the DR exported US$44.6 million in metal for a 40.3% growth rate. In 2007 the DR only exported US$31.8 million worth of metals. Metal exports make up …
2009News

Government jobs up 43%

The Dominican government continues to strengthen its position as the country’s leading employer. El Caribe reports that while in December 2004, six months into the change of administration from the PRD to the PLD, the number of paid posts in central government increased from 287,275 to 410,861. According to the Social Security Treasury Department, another …