Leonel Was Wrong, Dominican Economists Agree on Need for Changes
Santo Domingo, Dec 16 (Prensa Latina) The Dominican Republic's minister of economy, Temistocles Montas, agreed with prominent economists that the model implemented in the country over the past ten years has collapsed and needs to be changed.

In the annual economic report broadcast on TeleAntillas Canal 2, Montas tried to justify his government's economic policy, but expert Carlos Despradel said that in addition to appearing successful, people must feel growth, because statistics alone are not enough.

Montas said the economy had a positive performance in 2011 with an expected growth of 4.5-5 percent and a moderate 8-percent inflation rate, as well as a controlled exchange rate of 38.5 pesos per dollar.

He added that the National Development Strategy "aims to create the conditions to allow the Dominican Republic to take a productive leap to sustainable development in the next 20 years.

Economist Pavel Isa told Pablo McKinney, of CDN 37, the country will report a small growth next year, both the external sector and the government's spending capacity will be lower than in 2011.

The expert added that the two sectors that are considered the engines of the economy are facing problems with competitiveness and a decline in the world centers, while the government's spending capacity will shrink due to a decrease in foreign investments.

 

 

 

Related articles:

 

Dominicans of Arab descent to support their own in presidential election

In an unprecedented measure in national political history, Dominican Republic’s community of influential Arab descendants announced their support for the opposition PRD party candidates for next May’s presidential elections, whose ticket mate Luis Abinader is also part of that ethnic group.

The announcement was made in the Palestinian Syria Lebanese Club in Santo Domingo, in a gathering where descendants of resident Arab families in the country formed a movement to support the Hipólito Mejía-Luis Abinader ticket.

The movement headed by Elvis Alam, Zaki Hazoury, Edmundo Risi, Pedro Musa, George Bahsa, Carlos Merij and Ramy Malouf was introduced to numerous personalities present, including business and community leaders and professionals.

 

 

Corruption Perceptions Index 2011 View Country Results: DR at # 129 out of 183.

 

Demands for better government must be heeded

 

Public outcry at corruption, impunity and economic instability sent shockwaves around the world in 2011. Protests in many countries quickly spread to unite people from all parts of society. Their backgrounds may be diverse, but their message is the same: more transparency and accountability is needed from our leaders.

 

The 2011 Corruption Perceptions Index shows that public frustration is well founded. No region or country in the world is immune to the damages of corruption, the vast majority of the 183 countries and territories assessed score below five on a scale of 0 (highly corrupt) to 10 (very clean.) New Zealand, Denmark and Finland top the list, while North Korea and Somalia are at the bottom.

 

The Corruption Perceptions Index ranks countries and territories according to their perceived levels of public sector corruption. It is an aggregate indicator that combines different sources of information about corruption, making it possible to compare countries.

 

The 2011 index draws on assessments and opinion surveys carried out by independent and reputable institutions. These surveys and assessments include questions related to the bribery of public officials, kickbacks in public procurement, embezzlement of public funds, and the effectiveness of public sector anti-corruption efforts. Perceptions are used because corruption is to a great extent a hidden activity that is difficult to measure. Over time, perceptions have proved to be a reliable estimate of corruption.

 

“This year we have seen corruption on protestors’ banners be they rich or poor. Whether in a Europe hit by debt crisis or an Arab world starting a new political era, leaders must heed the demands for better government,” said Huguette Labelle, Chair of Transparency International.

 

Public sector governance that puts the interests of its citizens first is a responsibility that transcends borders. Governments must act accordingly. For their part, citizens need to continue demanding better performance from their leaders.

 

If we work together, the situation shown by this year’s Corruption Perceptions Index can improve. These are our countries and our future.


The Corruption Perceptions Index ranks countries/territories based on how corrupt their public sector is perceived to be. A country/territory’s score indicates the perceived level of public sector corruption on a scale of 0 - 10, where 0 means that a country is perceived as highly corrupt and 10 means that a country is perceived as very clean. A country's rank indicates its position relative to the other countries/territories included in the index.


Dominican Republic scored 2.6 out of 10 and is among the worst in the Caribbean!!



http://cpi.transparency.org/cpi2011/results/

 

 

Dominican Watchdog about Danilo Medina

Danilo Medina (PLD president candidate) has recently told that he would support the 4% of GDP for education that the constitution states, if he is elected President in 2012. Danilo says on facebook "No country can develop without education, and thats the only way to reduce crimes"

My dear Danilo you are so right and Leonel was so wrong. However today the trust in PLD is broken. New people is needed and corrupt officials must be jailed. The Dominican people should force Leonel Fernandez into exile for destroying their country!

 

Go back | Date: 19 Dec 2011
Proud to be the most
factual DR news site!
We keep the stories
& investigations alive
that cozenage groups
want to hide or forget
rssFacebookTwitterFlickr
Facebook
Quick Search – All Articles
Video about DR's Sugar Barons
The horrible conditions of Haitian sugar cane workers in the Dominican Republic

The truth about Leonel
Must Watch This Video About President Leonel's DRUG CONNECTIONS!!

Top Stories
Most Read Stories
"This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of criminal justice, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research or any other non-commercial purposes."
Please support our work
1000 of hours are being
spend yearly on collecting
articles, investigations and
answering emails.