2005News

2005 National Budget

The 2005 Budget Law was passed by the Senate late last week and the totals are the highest in history: RD$206.59 billion. The senators magnanimously passed the legislation in two consecutive sessions “as a contribution or quota of responsibility by the PRD legislators towards the democratic governance (of the Dominican Republic).” According to Hoy newspaper, …
2005News

GDP up 1.95% in 2004

The Central Bank of the Dominican Republic has released a report that says that the Gross Domestic Product (GDP) of the nation grew by 1.95% in 2004, well above most predictions at this time last year. Inflation for 2004 officially ended at 28.7%. These indicators exceed the goals set by the International Monetary Fund (IMF). …
2005News

Suit and counter-suit

The first act has the municipal government of the National District suing power distribution company EdeSur for RD$622 million due in compliance with the Electricity Law. According to the law, the electricity distributor is supposed to pay the municipal government 3% of its gross income. Now Mayor Roberto Salcedo of the National District has started …
2005News

Two hour class days

Education Minister Alejandrina German has expressed her concern given the scant hours of instruction public school children are receiving. She said that a Gallup poll has been contracted, sponsored by the ministry, APEC and the Association of Public School Teachers, to determine the reasons for the short school days and help resolve the situation. She …