, they still retain
individual party structures
Political pressure groups and leaders: Collective of Popular
Organizations or COP
International organization participation: ACP, Caricom (observer),
ECLAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA,
IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM,
ITU, LAES, LAIA (observer), NAM (guest), OAS, OPANAL, PCA, UN, UNCTAD,
UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WMO, WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Bernardo VEGA Boyrie
chancery: 1715 22nd Street NW, Washington, DC 20008
telephone: [1] (202) 332-6280, 6281
FAX: [1] (202) 265-8057
consulate(s) general: Boston, Chicago, Los Angeles, Mayaguez (Puerto
Rico), Miami, New Orleans, New York, Philadelphia, San Francisco, and
San Juan (Puerto Rico)
consulate(s): Charlotte Amalie (Virgin Islands), Detroit, Houston,
Jacksonville, Mobile, and Ponce (Puerto Rico)
Diplomatic representation from the US:
chief of mission: Ambassador Donna Jean HRINAK
embassy: corner of Calle Cesar Nicolas Penson and Calle Leopoldo
Navarro, Santo Domingo
mailing address: Unit 5500, APO AA 34041
telephone: [1] (809) 221-2171, 221-8100
FAX: [1] (809) 686-7437
Flag description: a centered white cross that extends to the edges,
divides the flag into four rectangles - the top ones are blue (hoist
side) and red, the bottom ones are red (hoist side) and blue; a small
coat of arms is at the center of the cross
Economy
Economy - overview: Economic reforms launched in late 1994 contributed
to exchange rate stabilization, reduced inflation, and strong GDP
growth in 1995-96. In 1996, there was increased mineral and petroleum
exploration, and a new investment law that allows for repatriation of
capital dividends has drawn more investment to the island. Upon coming
to power in August 1996, President FERNANDEZ nevertheless inherited a
trouble-ridden economy hampered by a pressured peso, a large external
debt, nearly bankrupt state-owned enterprises, and a manufacturing
sector hindered by daily power outages. In December, FERNANDEZ
presented a bold economic reform package - including such reforms as
the devaluation of the peso, income tax cuts, a 50% increase in sales
taxes, reduced import tariffs, and increased gasoline prices - in an
attempt to create a market-oriented economy that can compete
internationally. The legislature, however, has been slow to act on
several of the economi
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