NewsWhore
03-07-2011, 03:50 PM
The president of the National Organization of Shopping Malls (ONEC), Antonio Ramos says that the interest rate increase ordered by the Central Bank is part of a policy to keep inflation in check, as reported in El Caribe. He said that the measure seeks to control lending to keep inflation down. Central Bank reserves declined 18% in January and February. Ramos commented on the effects of the increases of the cost of petroleum on local prices. He called for the adoption of measures that make stability sustainable in the long term and said that the benefits of economic growth should be felt by the population.
Ramos made these comments prior to beginning his term as the new president of ONEC for 2011-2013. The other members are vice president Ernesto Martinez, secretary Guillermo Prida, treasurer Mercedes Ramos, Fernando Garcia, Mario Lama, Eduardo Muniz, David Prieto, Dana Cabral, Jose Luis Magadan and Pedro Perez Gonzalez.
More... (http://www.dr1.com/index.html#5)
Ramos made these comments prior to beginning his term as the new president of ONEC for 2011-2013. The other members are vice president Ernesto Martinez, secretary Guillermo Prida, treasurer Mercedes Ramos, Fernando Garcia, Mario Lama, Eduardo Muniz, David Prieto, Dana Cabral, Jose Luis Magadan and Pedro Perez Gonzalez.
More... (http://www.dr1.com/index.html#5)