Izaguirre relies RD will achieve development

Ambassador United States of America in the country yesterday expressed his confidence that Dominican Republic will succeed in the future the transformation necessary to develop and urged to give priority to education.

To lecture as a guest speaker to the traditional lunch of the American Chamber of Commerce (AmchamDR), on the occasion of the Thanksgiving Day, American diplomat noted efforts in the field of education have made other Nations that have managed to be successful as a Singapore, an island nation in less than two generations has achieved tremendous growth and in 2010 came to the 14.7%.

Equal transformations have reached Brazil, Chile, India, South Africa and Korea in the South, he said, emphasizing that in a globalized economy like today's need to have a good system of education in order to compete and be successful.

Noted that Dominicans were aware of the importance of a quality education system u000aand that in the past two years has been a growing focus on the part of the public on the issue of education, and that is demanding the Government to give priority to education. "This civic movement has attracted the attention of the nation, and I applaud it," stressed.

Yzaguirre was an exercise in imagination of the Dominican Republic in the year 2020 and stressed that you to reach the Dominican Republic all we imagine will to confront the political cronyism and lack of transparency, nevertheless congratulated the efforts carried out to tackle corruption through the participatory anti-corruption initiative (IPAC), commitment which should be expanded and continue.

said that many dominicamos have lost faith in the institutions, after pointing out that if the Government does not have, in a manner consistent with the trust of his people, not you can carry out the reforms that are necessary to go forward, u000a"and here I must congratulate President Leonel Fernández, the Dominican Government, civil society and international donors, who are working through the IPAC."

Imagine a Dominican Republic up the most important official to use his Office for personal ends to accountable and confront all the weight of the law, and a Dominican Republic that is among the most competitive according to the World Economic Forum, said the diplomat.

Energy
American diplomatic El also affirmed the need for the country's energy, on which is more than words, needed since four decades ago that the analysts are saying this.

Urged to think of the lost resources and the growth and development not reached for that reason, so it believes that by 2050 the country will need more energy which currently produces.

"Imagine a Republic" u000a"Dominican in which companies pay all the energy they consume", stated. mention also challenges of as of a favourable climate for the investment of energy, including wind and solar, or 100% of the vehicle fleet is generated by ethanol ("sugar cane".) Yzaguirre said that RD has the talent and determination needed to be the country imagined to 2050.

July VIRGIL BRACHE
the President of the American Chamber of Commerce (AmchamDR), July Virgil Brache, said yesterday that the country needs to have a modern law of bankruptcy, to enable companies to restructure and maintain jobs.

Stressed that macroeconomic growth has to do with the prudence of macroeconomic policies, a well settled banking system, the growth of exports and $2,000 million in foreign investment. Noted the confidence generated by the recent issuance of bonds, the need of u000amaintain the stand-by with the IMF agreement and carry out serious structural changes in electricity and fiscal sustainability. In addition, said that the adoption by the Congress of the national development strategy would send a positive signal to economic agents.

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