2009 – Page 48

Enrique Ramirez, the new president of the National Commission of Energy (CNE) said that his department wants to work closely with investors to facilitate the development of projects for renewable energy. Ramirez has been on the job since February 2009. He is known for his successful efforts at the helm of the Intellectual Property Office …

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Customs director Rafael Camilo said he expects that before the end of the year duty free zones will be able to sell their all produce locally without any limitations. At present, they can only sell 20% of their production, and bureaucratic complications discourage many from doing so. The plan is to simplify this operation, so …

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With the amount of loans that the government is signing, the DR’s foreign debt will increase by 2.7%, going from 15.8% of GDP in 2009 to 18.5% in 2010. The foreign debt is currently at US$7.195 billion as of September. In 2007, it was US$6.555 billion and increased to US$7.237 billion last year. Hacienda Minister …

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The Inter-American Development Bank (IDB) representative in the DR, Manuel Labrado, has signed a loan agreement with the Minister of Hacienda for US$500 million, of which US$300 million will be received this year and US$200 million in 2010. The resources are to support the budget and were included in this year’s budget, and will allow …

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Legislators from the PRD, PLD and PRSC are saying that modifications to Law 176-07 to increase the number of city council members needs to be sent to the Senate for greater scrutiny. Despite the fact that the bill was pushed through urgently after two quick readings, legislators from the three main parties are saying that …

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Power generation company AES Dominicana will increase its electricity output by 45% when it starts using natural gas. AES expects to go from 2,235 to 3,230 gigawatts per year. The additional supplies to meet local demand will be generated at a lower cost than fuel oil or coal-fired generation, that go for an average price …

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Deputy Victor Bisono (PRSC-Santo Domingo) has spoken out in support of a recent statement by Jose Miguel Insulza, secretary general of the Organization of American States (OAS), who acknowledged the heavy burden the DR carries as a result of Haiti’s internal problems. Speaking in Santo Domingo, Insulza said that the DR does not have the …

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Lawyers Nassef Perdomo, Cristobal Rodriguez, Eduardo Jorge Prats and Josue Fiallo explained to students the pros and cons of the new Constitution that is due to go into effect on 11 December, as reported in Hoy. At the gathering, “Constitutional Reform: Progress or Setback,” Perdomo and Rodriguez spoke up on the cons of the new …

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District Attorney for the National District, Alejandro Moscoso Segarra has criticized the fact that Sobeida Felix Morel, who is implicated in the case of fugitive drug trafficker Jose Figueroa Agosto, did not appear in court last Tuesday to sign in as required by her bail bond. Today the Third Court of the Penal Chamber at …

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While PRD president Miguel Vargas Maldonado has promised to act with true justice in the Romero case, other deputies want the deputy to resign his parliamentary immunity now. Meanwhile, National District prosecutor Alejandro Moscoso Segarra has told Hoy newspaper that he will go ahead with the case that links the unsavory deputy to two alleged …

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