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Santo Domingo.- The Dominican government has allocated 1.62bn pesos (US$44.9mn) for infrastructure and waterworks in provinces San Cristobal and El Seibo, the presidential office reported in a release.

According to the report, works for both provinces include road paving, as well as the construction of highways, wastewater treatment plants and aqueducts.

President Leonel Fernández also authorized the disbursement of an additional 170mn pesos to potable water and sewerage authority (Inapa) and the presidential agency for provincial development, among other entities.

Inapa is drawing up a national hydrological plan to address problems affecting the country's water resources.

The plan will be based on an integrated, long-term vision and will address problems such as the lack of a legal framework to manage water resources, low productivity in the use of water and growing water pollution due to the dumping of untreated domestic, agricultural and industrial waste.

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COMMENTS
7 comment(s)
Written by: BASTA, 2 Aug 2009 9:18 AM
From: Dominican Republic, = Ghetto-SPM-Barrio Blanco
and an over puffy payroll like 800%= same as the electrical system. The Joto rules.
Written by: SpinDoctor, 2 Aug 2009 10:00 AM
From: Canada
"problems such as the lack of a legal framework to manage"

This means 300 of his abogado friends to receive a cut.
Written by: gmiller261, 2 Aug 2009 10:40 AM
From: United States

DT. Keep track of this work, please.

I bet the (1.62bn pesos) is three (3) times that in a year and will never get completed.

And no one will go to jail for corruption.
Written by: antonio1, 2 Aug 2009 5:01 PM
From: Dominican Republic, Av Santa Rosa, La Romana
Their goes the Gloom and Doom, multi-personality, anti-Dominican, bed wetting folks, posting brainless comments on DT. Where is the Editor?
Written by: juanb, 3 Aug 2009 8:52 AM
From: Dominican Republic
Allocate, shmallocate. Stop bsing us with stories about what you are going to do and just DO IT ALREADY.
Written by: josean, 3 Aug 2009 5:11 PM
From: United States
Not so fast Lie-onel with "The look of progress!"

Increasing debt not healthy

Groundbreaking on large public works financed with high-cost foreign debt seems to have brought a look of progress to the DR. But at what price? National Association of Young Entrepreneurs (ANJE) director Ricardo Bonetti, in an interview with Hoy, explained that stimulating the economy through foreign debt or public spending is a mistake.
"We understand it is a very risky policy and that in the long run will have destructive effects on the economy," he said. He added that though this policy has worked in other countries, in the DR this has not been the case. He said that so far borrowing for public works has resulted in making more money available for superfluous government spending.
Bonetti says that the nation's economic model should be based on incentives granted to business to generate jobs.

cont:
Written by: josean, 3 Aug 2009 5:12 PM
From: United States
Recently, the Fernandez administration announced the start of the overpasses for the John F Kennedy and 27 de Febrero avenues that would be financed with a loan from the Brazilian export finance agency.

Source DR1
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