Thursday, July 01, 2004

DR: Increase in coost of goods and services yields less revenues

Forty percent of the customers who previously paid their bills on time have lost the ability to pay because of the recent increases in the electricity tariffs, and are now two and three months behind in their payments. Hoy newspaper’s Fior Gil reports that this reality produces a deficit of US$30 million among the distributors and the generators, according to Superintendent of Electricity George Reinoso, and making the situation that much worse. It also makes investment in the sector more difficult to stimulate.
This is what the Democrats have in mind for America.

Off to bed.

I'm out laying tiles tomorrow and Friday, too.


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