NewsWhore
10-25-2006, 07:00 PM
The Padre Juan Montalvo Center for Social Studies stated yesterday that although the country has experienced an 11.3% growth for the first nine months of the year, the public has yet to benefit from those gains, as there has been no change in their day-to day standard of living. The Montalvo Center says that there should be improved redistribution of the wealth generated by the economic gains that were announced by the Central Bank. "Continued low salaries, limited investment in health and education, and a regressive political system don't allow for talk of real economic well-being in the Dominican Republic.
PRD pre-presidential hopeful Miguel Vargas Maldonado, speaking to Hoy newspaper, echoed the thoughts of the Center, calling the Central Bank's claims of economic growth "fictitious" because according to him, it does not correspond with the reality that most Dominicans experience. He added that during the first two years of the PLD government the public has considerably lost its purchasing power.
More... (http://www.dr1.com/index.html#4)
PRD pre-presidential hopeful Miguel Vargas Maldonado, speaking to Hoy newspaper, echoed the thoughts of the Center, calling the Central Bank's claims of economic growth "fictitious" because according to him, it does not correspond with the reality that most Dominicans experience. He added that during the first two years of the PLD government the public has considerably lost its purchasing power.
More... (http://www.dr1.com/index.html#4)