2001News

Attorney General speaks up for peace between judiciary and Presidency

Attorney General Virgilio Bello Rosa says that when the President of the Supreme Court, and head of the judicial branch of government, requested the government fire financial officers that retain funds of the Judicial Branch, he was speaking in a figurative sense. President of Supreme Court Jorge Subero Isa is mad about the government retaining …
2001News

Perspectives ahead

Guillermo Caram, a PRSC leader, said that the passing of the "paquetazo" was not necessary and will bring about widespread tax evasion, decelerating of the economy and an increase in unemployment. José Manuel López Valdez, president of the Association of Commercial Banks, said that the tributary reform would strengthen public finances and increase government income. …
2001News

Sustaining macroeconomic stability while reducing interest rates is next

According to a report in El Siglo, the Central Bank will start implementing a new economic model whereby it will concentrate on controlling inflation, lowering interest rates, rather than on controlling the exchange rate. Along these lines of modernizing the management of the economy, the Monetary Junta announced the approval of a strategic five-year plan …