STS9, Umphrey’s, Lotus, & Lettuce Set Dominican Holidaze Ablaze In Day Two [Gallery]

first_imgTonight, The Disco Biscuits, Shpongle (Simon Posford DJ Set), and Michal Menert will join the party, along with second showings from Umphrey’s McGee, STS9, and Goldroom. Photos provided by Noble Visions.STS9 | Dominican Holidaze | Punta Cana, DR | 12/2/2016Set: To The World >> Nautilus, Kabuki, New Dawn New Day, Itzamana, Click Lang Echo, We’ll Meet In Our Dreams, Golden Gate, Give & Take, From Now OnUmphrey’s McGee | Dominican Holidaze | Punta Cana, DR | 12/2/2016Set One: Miss Tinkle’s, Cemetery Walk I, Ringo, Example 1, Wappy Sprayberry > Speak Up > Cemetery Walk IISet Two: Der Bluten Kat > Cut The Cable (OG) > Der Bluten Kat > I’m On Fire > Der Bluten Kat, In The Kitchen, Night Nurse > Bad Friday, The FloorEncore: I Want You (She’s So Heavy) Load remaining images The second day of Dominican Holidaze is now complete with a blazing success. The destination event, held at the Breathless & Now Onyx Resort in Punta Cana, makes sure to diversify their offerings with artist-led excursions and unique concert experiences across the board. If fans weren’t doing yoga on the beach or playing water basketball with The Floozies, they were probably enjoying a poolside set from Goldroom.As the sun went down, STS9 kicked things off on the beach stage, followed by funk veterans Lettuce, psychedelic jammers Lotus, hard-rocking Umphrey’s McGee, with a late night set from Manic Focus.last_img read more

IMF approves US$15.1 million disbursement to Haiti

first_img Tweet 7 Views   no discussions Share Share Sharecenter_img NewsRegional IMF approves US$15.1 million disbursement to Haiti by: – March 22, 2012 Sharing is caring! Haitian map. WASHINGTON, USA — The executive board of the International Monetary Fund (IMF) completed the second and third reviews of Haiti’s performance under the extended credit facility (ECF) arrangement on March 19, 2012. Completion of the reviews will enable an immediate disbursement of SDR 9.83 million (about US$15.1 million), bringing total disbursements under the program to date to SDR 26.21 million (about US$40.3 million).Haiti’s ECF arrangement was approved on July 21, 2010, together with the full relief on the country’s outstanding debt to the Fund of about SDR 178 million (equivalent to US$274 million). The debt relief and IMF financing are part of a broad international strategy to support Haiti’s longer-term economic reconstruction plans, following the devastating earthquake of January 12, 2010.Following the executive board discussion on Haiti, Naoyuki Shinohara, deputy managing director and acting chair, issued the following statement:“Haiti’s economy continues to recover. The sustained efforts of the authorities and the international community have helped rekindle growth, keep inflation at single digits levels, and strengthen the fiscal and external accounts. However, the reconstruction and the pace of implementation of structural reforms have generally been slower than anticipated, reflecting predominantly the protracted electoral process and the country’s limited administrative and absorptive capacity.“Significant challenges remain. Most Haitians live below the poverty line, and, two years after the earthquake, more than half a million people are still living in temporary shelters. Health and sanitary conditions remain poor. While favorable, the economic outlook remains subject to risks, including a weaker global economic environment and a deterioration in the domestic political and security situations. Pursuit of appropriate macroeconomic policies, acceleration of the reconstruction, and a steady implementation of structural reforms, as well as continuous engagement from the international community, will help support the recovery and lay the foundations for long-term sustainable development.“The government’s macroeconomic policy mix for 2012 remains appropriate. Higher government revenue and continued non-priority spending restraint will help create additional fiscal space to ramp up spending on poverty-related and other priority projects. Monetary policy remains geared toward containing inflation in single digits. Increased flexibility in the exchange rate will help manage capital inflows, absorb external shocks, and improve monetary policy effectiveness.“The structural reform agenda focuses on strengthening revenue administration; enhancing institutional capacity for better public investment implementation and monitoring; improving public financial management and economic governance; and strengthening the financial sector.”Caribbean News Nowlast_img read more