Dominican Republic

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Index Dominican Republic Main Page Freely-Elected President Balaguer Witnesses Withdrawal of Foreign Troops President Fernández Lights Fire Under Dominican Republics Failing Economy Among the First to Offer Aid to Haiti Ruling Party Candidate Wins Presidential Election

President Fernández Lights Fire Under Dominican Republics Failing Economy

In Aug. 2000, the center-left Hipólito Mejía was elected president amid popular discontent over power outages in the recently privatized electric industry, but in May 2004 presidential elections, he was defeated by former president Leonel Fernández (1996–2000). Fernández instituted austerity measures to rescue the country from its economic crisis, and in the first half of 2006, the economy grew 11.7%.

On May 16, 2008, incumbent president Leonel Fernández was reelected, taking 53% of the vote. He defeated Miguel Vargas of the Dominican Revolutionary Party, who won 41%.

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