2022 – Page 80

The Central Bank is increasing its monetary policy interest rate by 25 basis points, from 7.75% to 8.00% per year. The measure is the latest step as the government seeks a balance between GDP growth and inflation. Thus, the rate of the permanent liquidity facility (1-day Repos) increases to 8.50% annually and the rate for …

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President Luis Abinader announced the formal start of the expansion of the Barrera de Salinidad Aqueduct. The drinking water project is expected to benefit an estimated 1.8 million people that live in Santo Domingo East and Santo Domingo North municipalities. The expansion will increase the drinking water system capacity to produce more than 136.22 million …

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The state university is serving free breakfast and free lunch to students and teachers at the main campus of the Autonomous University of Santo Domingo (UASD), the state university. Previously, students had to pay RD$5 for a meal. Taxpayers will be picking up the cost for the inter-institutional agreement the Comedores Económicos del Estado Dominicano …

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President Luis Abinader met on Tuesday, 30 August 2022 for about an hour at the Presidential Palace with a mission of members of the New York State and New York Assembly. Visitors were New York State senators Luis R. Sepúlveda, Gustavo Rivera, Rusking Pimentel and Joanna Méndez, Gustavo Rivera and Leroy Comrie and Assemblymen Al …

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There is speculation of an agreement between President Luis Abinader and former President Danilo Medina. Relatives of Medina are in a lengthy Anti-Pulpo accusation file that for weeks made the headlines in the Dominican Republic with scandalous revelations of billions in corrupt deals. Now, most of the accused are home or being sent to domiciliary …

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The Dominican Medical Association (CMD) and the 56 specialized medical societies that it groups announced plans are going forward for the protest march set for Wednesday, 7 September 2022 in the National District. The protest is against the abuses of the Health Risk Administrators (ARS) and the Pension Fund Administrators (AFP). The companies are managed …

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Former Soviet leader Mikhail Gorbachev, who died Tuesday, 30 August 2022 at the age of 91, had visited the Dominican Republic in 2001, Listin Diario reports. Gorbachev visited and gave several talks on the Russian transformation process in Punta Cana and Santo Domingo. He also attended the start of the Diario Libre free newspaper. He …

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The number of Covid-19 cases for Bulletin #894 was 216, up from 169 on the previous day. This number compares to the seven-day average of daily infections (confirmed lab-reported cases) that is now 242, same as the previous day. The 24-hour positivity was 22.38%, up from the day before. The 4-week positivity rate is 7.76%, …

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The Presidency announced the going into effect of the Regulations for the Application of the Law of Regulatory Improvement and Simplification of Procedures 167-21. The regulations order simplifying procedures in the different ministries and agencies under the Executive Branch. Likewise, the new ruling calls for the implementing of impact analysis to assess the positive or …

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The governments of Brazil and the Dominican Republic recently agreed to carry out new major projects in agriculture, public administration, children, citizen safety, and support to micro and small business. The projects are development of methodology for precision technology for rice; strengthening of skills of public officers, and early childhood psychosocial risk reduction with the …

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