2012News

Political alliances for 2012 presidential election

Political parties complied with the deadline for the formalizing of political alliances. The leading parties deposited their alliances with minority parties yesterday at the Central Electoral Board. Hoy reports that the PRD says its allies will be the following political parties: Dominican Humanist (PHD), Revolutionary Social Democratic (PRSD), Independent Democratic (PDI), Alternative Democratic Movement (Moda), …
2012News

Debt quadruples

Over the last 11 years, the Dominican Republic’s external and internal debt has increased at almost the same rate as the Gross Domestic Product (GDP), both increasing more than four times. Economists Bernardo Fuente and Miguel Ceara Hatton think that the debt level is too high, although the former Hacienda (Finance) Minister Vincente Bengoa rejects …