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View Full Version : Pass the National Development Strategy bill



NewsWhore
07-14-2011, 11:00 AM
The representative of the World Bank in the Dominican Republic, Roby Senderowitsch urged that Congress approve the National Deveopment Strategy. The bill has been in Congress since February 2011. Senderowitsch said the long term framework established in the strategy is necessary for international organizations to continue contributing fresh funds.

He said that many donor countries and institutions, namely the World Bank and the European Union, have established as a precondition to make disbursements that the National Development Strategy bill be approved.

He said that the approval is needed, for example, to release US$650 million of the World Bank, as reported in Listin Diario.

He commented that economic growth has not run parallel with a reduction in poverty. He said the country has missed the opportunity to apply the economic growth to reduce the level of poverty that at 35% is the same as 20 years ago, as reported in Hoy.

As reported in Diario Libre, Senderowitsch explained that the strategy establishes important goals to reduce poverty, corruption, social inequity, and improve competitiveness. Senderowitsch answered questions of the press after meeting at the Presidential Palace with Economy Minister Temistocles Montas.

Ramon Cabrera, vice president of the congressional commission (Senate and Chamber of Deputies) that is studying the bill, said it would be approved before the end of this year.

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