2020 – Page 46

The Central Bank of the Dominican Republic (BCRD) is keeping the monetary policy interest rate at 3% per year. The policy interest rate is an interest rate that the Central Bank sets to influence the evolution of the economy’s main monetary variables (e.g. consumer prices, exchange rate or credit expansion, among others). Likewise, the Central …

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Police, military and prosecutors raided the 15 de Azua jail in southwestern Azua. Jail and crime advisor to President Luis Abinader, Roberto Santana arranged for the surprise operation. As reported, a gang of around 15 inmates controlled the jail services with the complacency of the warden and military. The inmates were sent separately to jails …

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During a press conference, the EdeSur power utility’s general manager, Milton Morrison said that EdeSur has reimbursed 15,449 customers with RD$60 million. The customers had complained they had been irregularly billed during the pandemic. Thousands in the Dominican Republic suffered from exorbitant bills despite their businesses being closed. The billing systems many times just averaged …

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President Luis Abinader had repeatedly announced he would be shutting down the infamous Supervisory Office of State Works (OISOE). Abinader had said the division duplicated efforts of the Ministry of Public Works. The division of the Presidency has been the focus of major corruption scandals over the years. Yet, in the 2021 National Budget, RD$6.71 …

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ESPN’s Spanish-language baseball voice, Dominican Ernesto Jerez is nominated for a Ford Frick Award, the ticket to be inducted to the Cooperstown Hall of Fame. He has worked ESPN Deportes’ “Sunday Night Baseball” for more than 25 years. He has narrated the World Series, All-Star Game and the World Baseball Classic. Jerez is one of …

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Coopegas had been operating for more than 40 years. It is now known that the cooperative was in flagrant violation of the law. On 3 October 2020, a blast at the Coopegas propane gas selling station in Licey al Medio, Santiago resulted in the death of 11, most neighbors of the propane gas plant. An …

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The Ministry of Public Health’s Epidemiology Department Coronavirus Bulletin #228 reports 259 new PCR confirmed cases. 3,373 first PCR tests were carried out in time for the deadline of Bulletin #228. The 14-day average is 4,044 tests, a high for the Abinader administration medical team. The medics have explained the demand for tests has diminished, …

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President Luis Abinader and Education Minister Roberto Fulcar are scheduled to be at 8:30 am at the Plaza de la Bandera, 27 de Febrero Avenue and Luperón for the ceremony marking the school year restart in the Dominican Republic. The Ministry of Education has mandated distance learning for the 2020-21 school year. Fulcar says everything …

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President Luis Abinader visited Los Alcarrizos, a densely populated northern satellite district of the province of Santo Domingo. He brought good news for the family that suffered the tragedy of the death of five-year old girl Yulensky Batista Cuevas who was outside her home when killed by a bullet shot fired by an assailant on …

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President Luis Abinader has announced foreign policy shift. Relations with the United States, China and Haiti are the focus. The Dominican embassy in Israel may well be relocated to Jerusalem, following the United States’ path. Foreign Minister Roberto Alvarez has been very clear the Dominican Republic’s priority in strengthening relations is with the United States, …

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