2016News

Medina to visit Cuba

President Danilo Medina will be attending the VII Summit of the Association of Caribbean States being held in Havana from Thursday 2 to Saturday 4 June 2016. Government spokesman Roberto Rodriguez Marchena confirmed the trip and said that Medina would be leaving this Friday 3 June and returning from Cuba the following day. http://www.listindiario.com/la-republica/2016/05/30/421192/confirman-participacion-del-presidente-medina-en-cumbre-de-aec-en-cuba
2016News

Natural gas fuels 25% of electricity power in DR

Natural gas-fueled power plants make up 25% of the Dominican Republic’s electricity generating matrix. Statistics published by the Dominican Association of Electricity Industries (Adie) show that national power generation was 14,177.38 GWh in 2015, of which 2% was wind power and 6% hydroelectric power. The remaining 92% generated by thermoelectric plants were powered by fuel …
2016News

Dominicans invited to enter InTalent

Dominican entrepreneurs are being encouraged to enter the Intalent competition for entrepreneurs sponsored by the Institute for the Integration of Latin America and the Caribbean (INTAL), a division of the Inter-American Development Bank (IDB) whose mission is to promote integration among the countreis in this region. The competition recognizes innovative, technologically based talent to promote …
2016News

Government expected to borrow US$1.5 billion to meet deficit

The Medina administration needs US$1.5 billion in addition to US$3.6 billion approved in the 2016 National Budget, says Miguel Collado Di Franco, senior economist at the Regional Center for Sustainable Economic Strategies (CREES). Collado says that the Medina administration executed 46% of the estimated deficit for 2016 in the first three months of the year. …