2015News

Annual inflation now at 2.25%

The Central Bank reported that the variation level in the Consumer Price Index for November was 0.17%, with an accumulated annual inflation rate (January to November 2015) of 2.25%. The figures show that in the food and non-alcoholic beverages category the annual rate of inflation was the highest, at 7.3%. http://www.bancentral.gov.do/notas_bc/2015/12/09/765/bcrd-informa-que-la-variacin-del-ipc-de-noviembre-fue-de-017
2015News

Senate approves RD$1.2 billion for Christmas wages

The Senate has passed a bill that authorizes the governmental BanReservas to finance up to RD$1.2 billion for government entities that have spent their allocations for the Christmas wages. The money will be assigned to decentralized and non-financial government entities, social security institutions and municipal governments, including that of the National District. The institutions will …
2015News

Barrick Gold wins Adoexpo award

The Dominican Association of Exporters (Adoexpo) presented the Dominican Export Excellence award to the Barrick Pueblo Viejo mining company at a ceremony yesterday, Wednesday 9 December 2015. Accepting the award, Barrick Pueblo Viejo’s president Manuel Rocha thanked Adoexpo for the honor. Rocha said that, “Barrick Pueblo Viejo reaffirms its interest in contributing to the economic …