* Government rules out tax increases to cover shortfall
* Caribbean states hit by fall in tourism, weak exports
SANTO DOMINGO, Aug 20 (Reuters) – The Dominican Republic will seek a fresh loan from the World Bank or Inter-American Development Bank to help finance a fiscal deficit triggered by a severe economic downturn, authorities said.
Finance Minister Vicente Bengoa announced the decision to seek new assistance from a multilateral lender after a cabinet meeting on Wednesday…
I wonder where are the politicians and government officials are taking their next vacation with the people’s money and where in Europe are their kids getting their higher education? Here is the article:
In just over three years, government domestic borrowing is up by US$3.08 billion. It increased from US$1.11 billion to US$4.19 billion from 2006 to 20 April 2009, as reported in Diario Libre today. The domestic public debt of the government in 2006…
The Constitution Revisory Assembly has approved Article 52 of the Constitution establishing the universal right to a complete education and prohibiting the transfer of national budget funds allocated to the Ministry of Education to other state departments. The article received from President Leonel Fernandez had originally established that only legal residents would have the right to a complete education here. The modification was presented by a
me dan las gracias despues! 
Saturday, August 22, 2009
0 Comments