Temistocles Montas, the President's chief economic advisor, stated that DR$54Billion of the budget goes to pay the the extenal debt.
Well, my friends, he is telling you a bold faced lie.
During the first 6 months of the year, and according to the PLD's own documents at the Central Bank, the Govt only paid DR$5Billion in interest. They paid DR$6.5Billion in debt that was maturing. This is a total outlay of DR$11.5Billion for the 1/2 year.
But what the sly dogs neglect to tell you is that at the same time, they borrowed DR$12Billion!!! So the net effect on the budget was actually a surplus of DR$500Million.....what a friggin' country!!!
How can these people get away with such blatant mis-representation of their own published facts!!!
Well, my friends, he is telling you a bold faced lie.
During the first 6 months of the year, and according to the PLD's own documents at the Central Bank, the Govt only paid DR$5Billion in interest. They paid DR$6.5Billion in debt that was maturing. This is a total outlay of DR$11.5Billion for the 1/2 year.
But what the sly dogs neglect to tell you is that at the same time, they borrowed DR$12Billion!!! So the net effect on the budget was actually a surplus of DR$500Million.....what a friggin' country!!!
How can these people get away with such blatant mis-representation of their own published facts!!!