NewsWhore
09-19-2006, 06:40 PM
After a unanimous decision the Dominican Republic has been chosen as the chair for the Central American Council of Secretaries for Public Finance and Treasury. The decision was made during the meeting for the Annual Assembly of the International Monetary Fund (IMF), which took place in Singapore. Dominican Finance Minister Vincent Bengoa will head the organization. Guatemala was chosen as executive secretary. The council will include the Costa Rican, Honduran, Guatemalan, Panamanian, El Salvadorian, Nicaraguan and Dominican finance ministries. The meeting was lead by IMF deputy director Agustin Carsterns, and during the summit it was urged that all states involved submit to congress policies that would prevent the double taxation on foreign investments. Currently the Dominican Republic has only one such agreement, which was signed with Canada in 1976.
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More... (http://www.dr1.com/index.html#7)