NewsWhore
06-19-2008, 02:10 PM
Economy, Planning and Development Minister Temistocles Montas says that high fuel prices are having a strong impact on poverty. He adds that in the last six months the fuel crunch has made it difficult for 131,000 people to get out of poverty. The Minister says that during this period food prices increased by 13%, which is more than double the increase that took place between 2004 and 2007. Montas said that the population of poor Dominicans increased from 35.2% to 35.8% during that six-month period. Montas said that the figures don't represent a large increase in poverty, because if fuel prices hadn't skyrocketed, poverty could have decreased by 1.4%.
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