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View Full Version : Missed opportunity



NewsWhore
10-16-2006, 06:00 PM
Due to a low score in an assessment study conducted by the Millennium Challenger Corporation, The Dominican Republic will not be receiving assistance funds as part of the Millennium Challenge Program. According to the report, the DR scored extremely low in the area of corruption and 15 other indicators disqualifying it from receiving the funds. In order to receive funds, a country must have a reasonable score in the areas of justice, public investment and economic policy, but a low score in the area of corruption disqualifies a country from receiving funds. The DR received a -0.1 in corruption and -0.18 in the application of laws, and a -0.21 in the area of public investment. The Millennium Challenge Program was created by President George W. Bush as an incentive for countries to fight corruption, respect human rights, increase medical efficiency, open up markets for trade, and have sustainable political budgets. The fund will increase by US$5 million this year, and unfortunately in the two years of the program's existence, the DR has never been chosen as a recipient.

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