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| Affiliation | Dominican Revolutionary |
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| Name | Hipólito Mejía |
| Address |
Gurabo, Santiago , Dominican Republic |
| Email | None |
| Website | None |
| Born |
February 22, 1941
(83 years)
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| Contributor | User 215 |
| Last Modifed | Juan Croniqueur
Aug 10, 2023 02:03am |
| Tags |
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| Info | Rafael Hipólito Mejía Domínguez is the current president of the Dominican Republic.
He is a member of the Dominican Revolutionary Party. Running for president on a program to increase health, education, and social security services through tax hikes, he was elected on May 16, 2000 with a 49.9% share of the vote. His main opponents, Danilo Medina and former president Joaquín Balaguer, received 24.9% and 24.6%, respectively. A runoff was scheduled between Medina and Mejía, but Medina withdrew, and Mejía took office on 16 August of that year.
Critics claim that on his watch, economic growth has stagnated and poverty has increased, and that this is the result of a sharp increase in the external debt, the mismanagement of the 2003 banking crisis, and increased corruption in all branches of the government. During 2003 the country's inflation rate hit 42% and the peso suffered a 50% devaluation.
Hipólito Mejía stood for a second term in the presidential election slated to take place on 16 May 2004. However, he was defeated by former President Leonel Fernández who campaigned on a platform of stabilizing the economy and reducing inflation.
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