Dominican Republic
Dominican Republic Report - BBC: LINK ¤ B B C
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- "the Dominican Republic - officially - the "República Dominicana" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "island of Hispaniola - in the 1990s - had opened its economy !"
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- "the wealth gap - should be reduced !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( ten percent population - forty percent ! )"
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- "tourism - dance the merengue - 800,000 of Haitian immigrant origin !"
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- "there should be more - equality - in the Dominican Republic !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there should be more - democracy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and there should be more - social justice !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the US embassy had looked - on the Dominican government !"
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- "wether there had been the - fulfillment of obligations under its !"
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- "IMF standby agreement - Dominican secretary of finances - Calderon !"
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- "and central bank governor - Malkun - confided that the !"
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- "Dominican government - continued to work - with unofficial !"
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- "consultative help - from the IMF - International Monetary Fund !"
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- "the IMF had lobbied for - drastic cut in spending !"
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- "it worked closely - with the Dominican government !"
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- "the IMF staff - was still in the country - on an unofficial basis !"
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- "it worked closely - with the Dominican government !"
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- "that fulfilled - most of the performance criteria !"
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- "the delay - of disbursements - from the IDB - inter-american bank !"
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- "and the World Bank - were major difficulties !"
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- "the Dominican finance secretary - pressed the US embassy !"
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- "on the urgent need - for funds - and twice asked !"
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- "for help - in obtaining disbursement - of the US$ 200m - IDB loan !"
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- "the Dominican government's problem - was revenue - not expenditures !"
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- "Dominican public investment - was down - 57.7 percent !"
President Mejia on IMF - US cable - 2003: LINK ¤ 03SANTODOMINGO6075
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- "US ambassador - had met with - president Mejia !"
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- "members of his - economic cabinet - and International Monetary Fund - representatives !"
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- "Mejia - expressed frustration - about delays - in disbursement !"
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- "of loans - from the IMF - and the multilateral banks !"
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- "the Dominican government - had reduced capital expenditures - by 35 percent !"
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- "in nominal terms - 60 percent if inflation - was into acount !"
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- "inflation - running 35 percent - was a serious issue !"
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- "one cause of the Dominican crises - had been the tremendous !"
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- "outflow - of capital - president Mejia blamed this !"
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- "Dominican economic problems - on the banking sector !"
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- "the IMF - and IDB - inter-american bank - were !"
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- "not good for the - Dominican economy !"
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- "if he did not help - the people in need - he would be thrown out !"
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- "IMF country manager - Marcelo Figuerola - and resident representative !"
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- "Ousmene Mandeng - said about the Dominican government !"
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- "the Dominican - economic team - took orders - from the IMF !"
IMF technical Agreement - US cable - 2003: LINK ¤ 03SANTODOMINGO7469
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- "IMF - Ousmene Mendeng - had confirmed - to USAID director !"
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- "US aid agency - that local press reports - were generally accurate !"
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- "concerning the elements - of the technical agreement - with the IMF !"
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- "the deficit target - was - 3.5 pct - of GDP !"
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- "the Dominican government - should meet the targets - by adjusting expenditure !"
IMF Hurdles - US cable - 2004: LINK ¤ 04SANTODOMINGO194
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- "the IMF - had been asking for a - virtually unachievable reduction !"
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- "of the Dominican - money supply - by 14 percent !"
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- "and maintaining a - free exchange market !"
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- "the Paris Club refinancing - was a condition - of the IMF agreement !"
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- "president Mejia - said "the Dominican Republic" !"
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- "had been doing everything - what the IMF - was asking !"
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- "president Mejia - did not - like it !"
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- "and thought this policy - damaged to the Dominican country !"
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- "he was - in fact - doing - what the IMF wanted !"
Dominican Work Stoppage - US cable - 2004: LINK ¤ 04SANTODOMINGO537
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- "most Dominican businesses - were shuttered - for the national !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "work stoppage - called by a coalition - of community !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "labor - student - and political groups !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to protest - economic - and social policies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the Dominicans - wanted better - economic conditions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "e.g. less inflation - and no electricity blackouts !"
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- "the Dominican Republic's - electricity sector - had witnessed !"
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- "a decline - in energy production - with blackouts !"
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- "in many areas - reached 15 - to 20 hours - daily !"
President Fernandez - US cable - 2008: LINK ¤ 08SANTODOMINGO1024
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- "in Fernandez's - speeches - at the food security summit !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "hosted by the - Food and Agriculture Organization - FAO - in Italy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "president Fernandez - called on - developed countries !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to provide - more assistance - to developing countries !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for example combat - food prices !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there must not be - wealth - through profit - speculation - and greed !"
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- "there has to be - a sensitivity - to the problems - of others !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to defend - and develop - the model of civilization !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "Victor Garcia - office director - and Carol Franco !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "environmental economist - for the national climate council - said !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "not - free economies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "but sustainably developed - economies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "are the way - to our - climate-friendly future !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
DOMINICAN REPUBLIC - Wikipedia EN: LINK ¤ DOMINICAN REPUBLIC
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