Congress approves US$6.59 billion in loans in eight months


Staff member
Feb 20, 2019

In the first eight months of the Abinader administration, the National Congress has approved loans and financing for more than US$6.59 billion to deal with the health and economic crisis caused by the Covid-19 pandemic. As reported in El Caribe, for health-specific tasks, the government has taken on more than US$900 million in loans, including those to finance the Covid-19 vaccines

Loans have also been taken to finance the Yaque del Norte river basin improvement program; to increase transportation capacity of Santo Domingo Metro line 1 and support the first stage of the EdeSur Master Plan for the Expansion of the Electricity Distribution System (PMESD), among other government projects.

Read more in Spanish:El Caribe

19 April 2021

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