2013News

Where is the money?

Police spokesman Colonel Jacobo Mateo Moquete has announced that the investigations in response to complaints made by foreigners who claim that their two safes disappeared containing RD$60 million in cash and jewelry in Sosua, and which involved 14 former members of the National Police, is now in the hands of the Public Prosecution office. He …
2013News

Government spends RD$202 billion in first half

During the first half of this year, public expenditure totaled RD$202.5 billion, excluding financial operations, while tax collections plus donations totaled RD$183.7 billion. As a result, central government budgetary operations showed a RD$18.8 billion deficit, equal to 0.8% of GDP, reported the Ministry of Hacienda’s national budget division. The Ministry points out that the deficit …