Washington. - The World Bank executive directory received the proposal for a new Strategic Alliance with Dominican Republic 2010-2013, which includes up to US$500 million in financing during the next the four years.
The strategy states the challenges which the global financial crisis has subjected the country to, and its potential, which makes necessary to articulate an efficient public spending to confront the high levels of poverty and inequality in the Dominican Republic.
“The government, by means of the cooperation from the World Bank, will continue to persist in bolstering the public institutions, eliminate obstacles to reduce the costs and terms of doing business, and encourage the growth of the economy and competitiveness,” said Economy minister Temistocles Montas before the World Bank.
In that regard, World Bank director for the Caribbean region, Yvonne Tsikata, said that the “new strategy will place special emphasis on the protection of the poorest while expanding competitiveness and strengthening the public institutions as to the rendering of accounts in the country.”
Whereas Roby Senderowitsch, the entity’s representative in the country noted that “the World Bank strategy in Dominican Republic has innovative elements, since it supports an agenda of reforms necessary for the country, while contributing to bolster the capacities needed in public the institutions.”
From: United States
The world know that this money will only line the pockets of the already rich.
I wouldn't give you a dime unless the corruption and nepotism in your government gets prosecuted.
From: Puerto Rico, Oso Blanco Rio Piedras
World Bank eyes US$500M to fight poverty in Dominican Republic of politicians and appointees
From: United States
joseann (the one whom suffers from rabia antileonelosis)
he/she has not seen this article yet.
he/she will start his/her ususal raving and ranting
From: United States, Nyc, NY
same old story........
From: United States
i fail to see how injections of cash affect poverty. i always thought that poverty was fought by social initiatives and dynamics designed to share the wealth in a more just fashion. all this means is that the guys with helicopters will now get a yacht to land them on.
From: Dominican Republic, vieja Santo Domingo
I am not sure that all these comments are correct ..There are ways were the money can be distributed almost directly to the poor ..but I imagine the problem will be on whether the money will go to food or clothing or housing or power supply to the very poor ..that will be a big fight
From: United States
and just what are those ways, Ricardo? if there are, then how come the situation is what it is? of course there are ways! it is just that those are not in existence in Latin America. theory is one thing; humanity is another.
Written by: Vivacuba, 18 Sep 2009 8:08 PM
From: Dominican Republic
gmiller261, if your from the USA, you or your government does not have a dime (or peso) to give. You have much bigger problems on your plate.
Written by: abc200, 19 Sep 2009 2:54 PM
From: United Kingdom, Dominican Republic
From: Dominican Republic, vieja Santo Domingo
Dreadlocks ,,my comments were against the argument that the 500 million would go to the rich instead of the poor that it is designed to assist ..I do not understand how that will occur if the world bank keeps a close eye and insists on better rendering of accounts as is stated above . I do not know all the details of the finance or what proposals the economic minister has in front of him but maybe it can be used as subsidies for electricity or fuel for poor farmers to make them more competitive or genetically improve the herds of cattle ..I am not part of the economic department think tank ..but i do not share your view and that of gmiller that the money will simply be wasted.
Correct distribution of income among the population can come from progressive personal taxation ,collective union power for higher wages and generation of jobs in areas that can afford to pay higher wages and still remain competitive. I wish that the recent boom in sugar prices was of more benefit to the worker
Written by: Vivacuba, 20 Sep 2009 1:07 PM
From: Dominican Republic
Ricardolito, Did the world bank keep a close eye of the 21 trillion USD that was shipped to foreign banks over the course of the past two years? I rest my case. Redistribution of wealth by american design. Criminals also include supporters.
From: Dominican Republic, Puerto Plata
It's all about economic and political control of emerging countries.
Anybody remember "Aid as imperialism" by Theresa Hayter (1971, Penguin Books).
Nothing has changed.
Some posters here seem to adhere to "The King can do no wrong" school of thought. O! tempora, o! mores.
I believe more in paraphrasing Murphy´s law: "If the King can do you wrong and has to, He will.
From: United States Virgin Islands
biggest bull crap i have ever heard... this country president such a landron! i dont understand why they keep giving this country money! these people dont want to change or change anything becuase they like there lifes tranquilo.... entonces let them starve.
From: United States
sadly, reveontiveros, it is the poor who will starve. the ladrones will just get richer. there is no hope as long as things remain status quo. a few posters see lamborghinis on the malecon and think we are now a superpower.maybe they need to take a tour outside of Arroyo Hondo once in a while. they eat at Vesuvio three times per week, and hobnob with fringe criminals, then tell us how "things have improved" really? then why is Amarilys only getting two hours of electricity per day in Burende? oh, i forgot. it is not the government's fault if she does not own a planta or inversor.
From: United States Virgin Islands
listen in the campos they all steal light... and in the citry too... about 80% of the people i see steal light.... well here on the east side that is of SD. but the this country will never get better until the people ion the DR are pushed to the wall and forced to to make a change. this people here are too laid back for to long that they let the goverment put them on there knees. i tell this people everyday to there face they need to do something and they all say yes its true we are cowards... and then play dominos and drink presidente....................................... I DONT GET IT!
From: United States
Unfortunately both Dreadlocks and Reveontiveros speak the truth...
I do not believe the infusion of World Bank dinero will change anything for the majority of Dominicans.
I see extreme poverty in the Ciudades and in El campo.
I see the people being misled and misinformed during the election cycle continue to vote the same politicians in office.
This will not be the first infusion of capital into the country that disappear with no results.
The education system is an absolute disgrace, children only going to school for four hours per day.
The electrical system is an absolute disgrace, the majority of Dominicans cannot rely on or afford the little electricity they receive.
The justice system is an absolute disgrace, criminals tell judges what to do or they will kill them.
In my opinion it is time the people stand up and pay attention to what is going on in THEIR country and demand a better standard of living.
From: United States
the electrical system is an absolute disgrace, says cheyenneasanti. to which i respond"what electrical system?" when you get two hours during the daytime, i do not consider that service. and it appears to be getting worse, not better. i have 20 years exposure to this country, and i have been hearing that the service is going to be rectified real soon. as for the people who claim that electrical theft is the problem ,, i respond "it is not the theft that is the problem. the problem is the failure to put the thieves under a jail" know why? no government wants the political fallout from such actions. so, each government waits on the others to take corrective measures, so they can use it against them in the next election cycle. since the average guy is like a child, anyway, it is easy to tell him that it is the evil PRD or PLD that put him in jail for running 30 red lights in a row. similarly, the PRD will accuse the PLD of being against the little guy if they start enforcing laws
From: United States
against electricity theft. ever heard a dominican say that there are laws on the books against everything, but the problem is non-enforcement? yes, because nobody wants to be the grinch. so, the anarchy continues unabated.
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The world know that this money will only line the pockets of the already rich.
I wouldn't give you a dime unless the corruption and nepotism in your government gets prosecuted.
he/she has not seen this article yet.
he/she will start his/her ususal raving and ranting
http://www.cogentnetwork.org/PRCGCVol1%28final%29.pdf
Ideally the money should go to producing sustainable communities.
S.
Correct distribution of income among the population can come from progressive personal taxation ,collective union power for higher wages and generation of jobs in areas that can afford to pay higher wages and still remain competitive. I wish that the recent boom in sugar prices was of more benefit to the worker
Anybody remember "Aid as imperialism" by Theresa Hayter (1971, Penguin Books).
Nothing has changed.
Some posters here seem to adhere to "The King can do no wrong" school of thought. O! tempora, o! mores.
I believe more in paraphrasing Murphy´s law: "If the King can do you wrong and has to, He will.
I do not believe the infusion of World Bank dinero will change anything for the majority of Dominicans.
I see extreme poverty in the Ciudades and in El campo.
I see the people being misled and misinformed during the election cycle continue to vote the same politicians in office.
This will not be the first infusion of capital into the country that disappear with no results.
The education system is an absolute disgrace, children only going to school for four hours per day.
The electrical system is an absolute disgrace, the majority of Dominicans cannot rely on or afford the little electricity they receive.
The justice system is an absolute disgrace, criminals tell judges what to do or they will kill them.
In my opinion it is time the people stand up and pay attention to what is going on in THEIR country and demand a better standard of living.