News – Page 7694

Last week, the Adjunct Deputy Secretary of State for the Caribbean and Central America met separately with Leonel Fernández, Jose Francisco Peña Gómez, and Jacinto Peynado during his first official visit to the country. Mr John Hamilton was accompanied by the U.S. ambassador to the country, Donna J. Hrinak. The U.S. government official reportedly came …

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José Francisco Peña Gómez explained why he will not debate with his contenders, namely Leonel Fernández and Jacinto Peynado in an interview with the Listin Diario on Wednesday, 1 May. He says that he will not do so because he is ahead and will not risk his position in front of the electorate. He said …

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Some 20,000 members of the National Police and the Armed Forces will work as part of the security operation throughout the country assigned to the Electoral Military Police. The Junta Central Electoral and the Armed Forces are working on the strategies that will be employed to guarantee order during the election. There will be two …

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Public schools will be assigned to the JCE on 10 May, said the Minister of Education Dr José Andrés Aybar Sánchez. They are only waiting for the final examinations to end. He said that he has recommended assigning teachers to work at the voting stations.

Reporting on the state of affairs at the Dominican industrial free zones, Eddy Martinez, executive director of the Asociación Dominicana de Zonas Francas said that while several companies have risen to the new challenges of the market, at the same time others have had to close down their operations. As a result, there has been …

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Non-traditional goods exports from the Dominican Republic, excluding free zone exports, increased in 1995, according to the Centro Dominicano de Exportaciones (CEDOPEX) latest report. Some 332 items generated US$193 million. Traditional goods – coffee, cocoa, sugar and tobacco – generated US$275 milion. The principal markets for non-traditional Dominican exports were the United States, the European …

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The president of the Asociación de Industrias de la República Dominicana, Celso Marranzini, says that the 5.7% decline in manufacturing outside of the industrial free zones reported last week by the Central Bank reflects the difficulties industry encounters in this country where government policies favor imports and commercial activities, rather than production and exports. He …

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The Balaguer administration’s officers are divided over the ruling that was drawn up to regulate sugar imports. The proposed rules are supported by the Ministry for Foreign Affairs, and its minister, Carlos Morales Troncoso, a former director of the State Sugar Council (CEA) and former top executive of Central Romana, the nation’s largest private sugar …

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The Central Bank report on the economic indicators for the first quarter of the year shows that the Gross Domestic Product has grown 5%, up from 2.5% for the same period last year, inflation has been 6.7% for the past 12 months, international net reserves grew by US$35.8 million, the prime interest rate is 20.5%, …

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The government reported a new record in tax collections during the first quarter of the year. Some RD$459.4 million more was collected this January, February and March than during the same months in 1995, according to the monthly publication of the national budget office, the Oficina Nacional de Presupuesto. Government collections for the first three …

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