2020News

Debt renegotiation improves government’s cash flow

The Ministry of Hacienda announced the renegotiating of the payment of the nation’s debt service. The renegotiation reduces the obligations by US$1.23 billion for the period 2021-2025. The government negotiated a reduction in interest payments and extended the payment terms for its portfolio of bonds in international markets. The operation is giving the government a …
2020News

Brother of former President who made billions from state contracting is sent to preventive custody

Judge Jose Alejandro Vargas made history on Tuesday, 8 December 2020 in the concluding statements during the opening of the first trial regarding corruption in government filed by the new Justice Department team . He presented a clear summary of why he was imposing criminal coercive measures or not on the 11 government officials, contractors …
2020News

Judge Jose Alejandro Vargas to hear whether Odebrecht bribes case is re-opened

Judge Jose Alejandro Vargas decided he will hear the opposition to the definite filing in favor of eight involved in the US$92 million Odebrecht bribes case. Former Attorney General Jean Alain Rodríguez and Narciso José Escaño Martínez, interim head of the Specialized Prosecution for Administrative Corruption (Pepca) closed the case before leaving office. The definite …
2020News

Finally! Cesar Emilio Peralta is accused in the Dominican Republic

The Justice Department presented charges against drug kingpin Cesar Emilio Peralta (The Abuser). The indictment also includes 43 other individuals linked to the criminal network. Peralta had been on the run since August 2019. He was arrested in December 2019 in Colombia. The National District Attorney’s Office and the Specialized Anti-Money Laundering and Terrorism Financing …
2020News

Alianza País criticizes National District’s resolution that increases housing density

The Alianza País Party (PAP) criticized the decision taken by the city councilors to increase the housing density in district number one of the capital city. The party calls for the revoking of the measure. Franiel Genao, spokesman for the political party in a press conference said that the measure will further reduce the quality …
2020News

Tourism Minister Collado says tourism is recovering, lots of people arriving by Dominican airports

The recovery of tourism in the Dominican Republic depends on the restoration of normalcy in source markets of the Dominican Republic. With the exception of Canada, the country’s main tourism markets are greatly affected by Covid-19 outbreaks. Yet, thousands of tourists, nevertheless, have decided to travel and get away from it all. This is reflected …