Ministry Of Industry And Trade (Dominican Republic)
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Ministry Of Industry And Trade (Dominican Republic)
The Ministry of Industry, Trade and MSMEs (Spanish: ''Ministerio de Industria, Comercio y Mipymes'') of the Dominican Republic is a government institution in charge of formulating, evaluating and supervising the country's policies, plans and projects related to industries, exporting, internal trade, external trade, industrial zones and micro, small and medium-sized enterprises (MSMEs). It also manages the country's oil reserves and other fuels. This office appeared with its current functions on 1966 as the Secretary of State of Industry and Trade (''Secretaría de Estado de Industria y Comercio''). Its headquarters are located at Santo Domingo. Its Minister is Víctor (Ito) Bisonó, since August 16, 2020. History The origin of this Ministry is connected to the Ministry of Finance, found on the first Dominican Constitution, signed on November 6, 1844. This document specified that:A few days later, on November 14, 1844, the office was officially created as the Secretary of Sta ...
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Santo Domingo
, total_type = Total , population_density_km2 = auto , timezone = AST (UTC −4) , area_code_type = Area codes , area_code = 809, 829, 849 , postal_code_type = Postal codes , postal_code = 10100–10699 (Distrito Nacional) , website Ayuntamiento del Distrito Nacional Santo Domingo ( meaning "Saint Dominic"), once known as Santo Domingo de Guzmán and Ciudad Trujillo, is the capital and largest city of the Dominican Republic and the largest metropolitan area in the Caribbean by population. As of 2022, the city and immediate surrounding area (the Distrito Nacional) had a population of 1,484,789, while the total population is 2,995,211 when including Greater Santo Domingo (the "metropolitan area"). The city is coterminous with the boundaries of the Distrito Nacional ("D.N.", "National District"), itself bordered on three sides by Santo Domingo Province. Founded by the Spanish in 1496, on the east bank of the Ozama River and then moved by Nicolás de Ovando in 1502 ...
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Dominican Peso
' ( en, Dominican peso) has been the name of the currency of the Dominican Republic ( es, República Dominicana) since 2011. Its Currency symbol, symbol is "Dollar sign, $", with "RD$" used when distinction from other pesos (or dollars) is required; its ISO 4217 code is "DOP". Each peso is divided into 100 ''centavos'' ("cents"), for which the ¢ symbol is used. With exception of the United States dollar, it is the only currency that is legal tender in the Dominican Republic for all monetary transactions, whether public or private. Before 2011, ''peso oro'' (English: Gold peso) was the official name of the currency of the Dominican Republic. History The first Dominican peso was introduced with the country's Dominican War of Independence, independence from Haiti in 1844. It replaced the Haitian gourde at par and was divided into 8 ''reales''. The Dominican Republic decimalized in 1877, subdividing the peso into 100 centavos. A second currency, the ''Dominican franco, franco'', ...
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Víctor Bisonó
Víctor Orlando Bisonó Haza (born August 27, 1963) nicknamed Ito Bisonó, is a Dominican politician, Businessman and current member of the Chamber of Deputies of the Dominican Republic representing the 2nd circunscription of the National District since the year 2002. Bisonó was a member of the Social Christian Reformist Party, and he has been Second Vice President of the Dominican-Haitian Chamber of Commerce. Early life and education Ito Bisonó was born in Santo Domingo, and is the son of architect Victor Bisonó Pichardo, born into a prominent family from Villa Bisonó in Santiago, and Ivonne Haza, a renowned national soprano from San Pedro de Macorís. He completed grade school at Colegio Santa Teresita and his undergraduate studies at the Universidad Iberoamericana (UNIBE), achieving his degree in Business Management. He also completed some courses in Engineering at the Universidad Nacional Pedro Henríquez Ureña. Bisonó is descended from Domingo Daniel Pichard ...
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Dominican Republic
The Dominican Republic ( ; es, República Dominicana, ) is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with Haiti, making Hispaniola one of only two Caribbean islands, along with Saint Martin, that is shared by two sovereign states. The Dominican Republic is the second-largest nation in the Antilles by area (after Cuba) at , and third-largest by population, with approximately 10.7 million people (2022 est.), down from 10.8 million in 2020, of whom approximately 3.3 million live in the metropolitan area of Santo Domingo, the capital city. The official language of the country is Spanish. The native Taíno people had inhabited Hispaniola before the arrival of Europeans, dividing it into five chiefdoms. They had constructed an advanced farming and hunting society, and were in the process of becoming an organized civilization. The Taínos also in ...
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Ministries Of The Dominican Republic
The Ministries of the Dominican Republic (Spanish: ''Ministerios de la República Dominicana'') are the primary units of the executive branch of the government of the Dominican Republic. These offices were formerly known as Secretaries of State (Spanish: ''Secretarias de Estado''), but that denominations changed on 2010, with the Constitutional reform. The change was effective on February 6, 2010, by Decree no. 55–10. The history of these offices can be traced to the first Constitution of the Dominican Republic, signed at San Cristóbal, on November 6, 1844. The first four institutions, known as Secretaries of State, were: Justice and Public Instruction; the Interior and Police; Finance and Commerce; and War and Navy. As of February, 2023, the Dominican Republic has a total of 24 Ministries, including the General Attorney's Office. Ministries are analogous to Departments and Secretaries of State in others nations. Council of Ministers The heads of the ministries, known as ...
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Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ...
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Ministry Of Finance (Dominican Republic)
The Ministry of Finance of the Dominican Republic is responsible for the public finances of the Dominican Republic. History The Ministry was established on 14 November 1844, nine months after the country attained independence. It was known originally as the Ministry of Finance and Trade. The first Minister was Ricardo Miura, who held office from 1844 to 1847. Ramón Matías Mella was the fourth Minister and served from 26 September 1849 to 8 April 1850. The Ministry has gone through several name changes. In 1926, it changed to Secretary of State for Finance. Soon after, it was merged with the Ministry of Labor and Communications (on 28 January 1931). The name was amended to Ministry of Finance, Labor and Communications. On 27 August 1931, the 1-28-1931 decree was rescinded and the Secretariat reverted to being the Ministry of Finance. On 28 November 1934, the ministry became the Secretary of State for the Treasury. On 28 February 1938, the Secretary became the Secretary of St ...
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Constitution Of The Dominican Republic
The Dominican Republic has gone through 39 constitutions, more than any other country, since its independence in 1844. This statistic is a somewhat deceiving indicator of political stability, however, because of the Dominican practice of promulgating a new constitution whenever an amendment is ratified. Although technically different from each other in some particular provisions, most new constitutions contained only minor modifications of those previously in effect. Sweeping constitutional innovations were relatively rare. A large number of constitutions do, however, reflect a fundamental lack of consensus on the rules that should govern the national political life. Most Dominican governments felt compelled upon taking office to write new constitutions that changed the rules to fit their own wishes. Not only did successive governments often strenuously disagree with their predecessors' policies and programs, but they often wholly rejected the institutional framework within which ...
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Ministry Of Energy And Mines (Dominican Republic)
The Ministry of Energy and Mining (Spanish: ''Ministerio de Energía y Minas'') of the Dominican Republic is a government institution in charge of the responsible development of the country's energy and mining sectors. Its main concern is to keep a reliable energy infrastructure and preserve an adequate exploitation of the country's minerals. This office appeared on 2013 with its current name as a separate institution from the Ministry of Industry and Trade. Its headquarters are located at Santo Domingo. Its Minister is Antonio Almonte, since August 16, 2020. History By 1920, electricity in the Dominican Republic was provided by foreign-investment companies. On 1928, the government created the Santo Domingo Electric Company (''Compañía Eléctrica de Santo Domingo''), given the first steps to the national electric system. Through 1954 and 1955, the Dominican government focused on acquiring companies dedicated to the generation and distribution of electricity, and created the Do ...
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Congress Of The Dominican Republic
The Congress of the Dominican Republic ( es, Congreso de la República Dominicana) is the bicameral legislature of the government of the Dominican Republic, consisting of two houses, the Senate and the Chamber of Deputies. Both senators and deputies are chosen through direct election. There are no term limits for either chamber. As provided by the Dominican Constitution, each of the 178 members of the Chamber of Deputies represents a district and serves a four-year term. Chamber seats are apportioned among the states by population. The 32 Senators serve staggered four-year terms. Each province has one senator, regardless of population. The Constitution vests all legislative power in the Congress. The Chamber and Senate are equal partners in the legislative process (legislation cannot be enacted without the consent of both chambers); however, the Constitution grants each chamber some unique powers. The Senate is empowered to approve treaties and presidential appointments. Revenue- ...
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Government Of The Dominican Republic
The Dominican Republic is a representative democracy, where the President of the Dominican Republic functions as both the head of the government and head of the multi-party system. Executive power is exercised by the government. Legislative power is vested in the bicameral National Congress. The Judiciary is independent of the executive and the legislature. Political Culture Sovereignty With the proclamation of the first constitution in the Dominican Republic on 6 November 1844 in the city of San Cristobal, the Dominican theory of sovereignty, 'independence politics', was formed. The Dominican Republic would remain for the most part republican and representative. The constitution of San Cristobal established the legislature as superior to the other branches, the judiciary as an independent and the Executive to run the state day-to-day under the oversight of the judiciary and the legislature. The Congress of the Dominican Republic consists of the Chamber of Deputies and th ...
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