2012 – Page 66

A poll taken the day before President Danilo Medina released his proposal to increase taxes by RD$55 billion, the new president’s popularity was at an all-time high. A NewsLink poll for the Cuentas Claras radio talk program showed that President Medina had an 85% approval rate for his first 45 days in government. The most …

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Minister of Foreign Relations Carlos Morales Troncoso is denying that the PRSC political party of which he is leader has appointed a majority of foreign service employees. He said 92% of appointees are from the PLD. “There are 350 vice consuls. I do not believe we (the Reformistas) have 24 of these vice consuls. There …

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Senator Carlos Castillo (PLD-San Jose de Ocoa) says that the taxation proposal presented by the government needs to be accompanied by a Bill for Fiscal Responsibility, as established in the National Development Strategy Law. As reported in Hoy, he said that this law would set the standards and penalties to guarantee its fulfillment. Castillo also …

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Former President Leonel Fernandez says that the Medina administration needs to apply a new taxation increase urgently in order to reduce the current fiscal deficit. Speaking during a panel discussion organized by his think-tank Funglode, Fernandez said that the economy is stable and pointed to the fact that there has not been a depreciation of …

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Economist Miguel Ceara-Hatton presents data today, Friday 12 October that challenges claims by former President Leonel Fernandez that the electricity subsidy and rising petrol prices were the main causes of the fiscal deficit inherited by the Medina administration, estimated to be over US$4.8 billion, almost twice the size of the Baninter 2003 financial crisis. In …

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The chief economist of the World Bank for Latin America and the Caribbean, Augusto de la Torre says that the root of the problem in the Dominican electricity sector is more related to politics than to technical issues. As reported in Listin Diario, De la Torre said that everyone in the DR knows the problem …

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Members of the Dominican Teachers Association (ADP) have voted Eduardo Hidalgo to lead their organization from 2012-2015. He defeated runners-up Maria Teresa Cabrera with 27,573 votes (46.22%) to 21,246 (35%) and Kenia Xiomara Guante with 6,849 votes (11.48%). The final bulletin was released during a press conference at the public school teachers’ headquarters yesterday, Thursday …

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The government of Taiwan has made a major contribution to safety in the Colonial City of Santo Domingo. In a ceremony held yesterday, Thursday 11 October, Ambassador Tomas Ping-Fu Hou delivered 30 motorcycles to the Touristic Police (Politur). Taiwan donated US$100,000 for the purchase. The director of Politur, Brigade General Amilcar Fernandez Tejada said that …

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Giuseppe Dellisanti, president of Bioen Srl, an Italian company specializing in renewable energy generated by anaerobic digestion of biomass, announced plans to set up an operation in the DR, together with Turtle Company Business. Bioen already operates in Brazil and Sierra Leone. The process involves converting biomass from animal manure and urban, agricultural and food …

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Now in its fourth year, the Playa Encuentro, Cabarete competition will once again bring together the Dominican Republic’s best surfers of all time. The event is scheduled for 2-5 November. The organizers are Luis Aracena, Ricardo Ripoll, Christin Birkhan, Kathleen Riveiro and Phillip Lehman. The event is described as a surfing competition for the over-35s, …

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