Back to Bite them!

Dominican government "tremendously" concerned over decline in duty-free production . Santo Domingo.- Concerned over the decline experienced during the past months by the duty-free industry, president Leonel Fernandez summed representatives from the sector to analyze the situation in a meeting to take place this upcoming Monday in Santiago. During the announcement of the meeting, Technical minister Temistocles Montas and Duty-Free Council director Luisa Fernandez informed that, during the past six months, this secto had declined production by 8 percent. In this regard, Montas explained that authorities and the sector would embark in thorough discussions as to the problems faced by the sector. . Read the rest of the story:http://www.dominicantoday.com/app/article.aspx?id=17043 ----------------------------

While this government may be doing a few things right they have screwed the pooch on others. They have been too concerned with building a legacy instead of getting this country in a position to move forward into the future.

.

This is just one of the things that has backfired because of a bad government policy and that is manipulating the exchange rate of the Pesos to their own gain. Without balance things do and will come back to haunt them.

.

I have always said that I don't care for this government although it is a bit better than the last.

.

Peso manipulation

No Gas on Weekends

Restricted hours on serving of Alcohol

.

These are just some of the things that they do that effect this economy in a negative manner. If you have read my thoughts here you will notice I like the early hours for a lot of reasons but at the end of the day it is bad for the economy. Everytime they make a change they do it BANG and no one understands a damn thing and it upsets the apple cart.

.

Hasta Pronto!