2004News

Winners and losers

Economist Rolando Reyes forecast that the peso will continue to depreciate in 2004, despite the increases in remittances, tourism receipts and Dominican exports. Reyes based his prediction on the present excess in money supply. He said in an interview with Hoy newspaper yesterday that it is urgent the government remove RD$10 billion to RD$15 billion …
2004News

PLD publishes debt record

The political committee of the Dominican Liberation Party (PLD) publishes today a full-page advertisement comparing foreign debt taken on by Dominican governments since 1962. Presidents & debt upon leaving office: Rafael Bonnelly (Uni?n C?vica – January-December 1962): US$13 million; Juan Bosch (PRD – December 1962-September 1963): US$4 million; Donald Reid (Triumvirato – 1963-April 1965: US$154 …
2004News

Silverio recalls 2003

The Dean of the Economic School of the Pontificia Universidad Cat?ica Madre y Maestra, Pedro Silverio, revisits the missteps of the 2003 fiscal managers of the Dominican Republic. He begins with the exchange crisis left over from 2002 that brought about the US$600-million sovereign bond issuance that was meant to change the profile of the …
2004News

Teach abroad

The US Embassy says the deadline to apply for the 2004 Fulbright Foreign Language Teaching Assistant Program is 15 January. The program recruits and places approximately 100 fellows in US universities and colleges for one academic year. FLTA fellows are expected to teach two classes and are required to enroll in at least two US …