NewsWhore
05-27-2008, 05:30 PM
Hacienda Minister Vicente Bengoa says that the government will maintain food subsidies put in place shortly before the presidential election through August. He explained that another RD$1.4 billion has already been budgeted to keep down the prices of rice, eggs, chicken and milk. According to Bengoa, who is quoted in Hoy, the government has invested more than RD$1.3 billion in food subsidies so far.
El Caribe writes that in the last three months the government has paid out RD$16 billion, which critics are calling a "subsidy festival." Bengoa has denied this. In all, he says the government has spent RD$11 billion on energy, RD$3.8 billion on propane gas, and RD$1.3 billion on food subsidies.
Bengoa is currently in Washington, D.C. for meetings with representatives from the Inter-American Development Bank (IDB) about the world food shortage.
More... (http://www.dr1.com/index.html#5)
El Caribe writes that in the last three months the government has paid out RD$16 billion, which critics are calling a "subsidy festival." Bengoa has denied this. In all, he says the government has spent RD$11 billion on energy, RD$3.8 billion on propane gas, and RD$1.3 billion on food subsidies.
Bengoa is currently in Washington, D.C. for meetings with representatives from the Inter-American Development Bank (IDB) about the world food shortage.
More... (http://www.dr1.com/index.html#5)