Vice President Milagros Ortiz Bosch, who is also Minister of Education, signed a loan agreement with the Interamerican Development Bank in Washington yesterday. The IDB will lend US$58 million to improve public high school education. As part of the program, students that work and study at night, and rural area students, will receive educational bonuses of RD$600-RD$1,000 to stay in school. The program also contemplates the building of public high schools, and the possibility that will be open to older aged students to complete high school in two years instead of four. The Vice President also announced the IDB gave its go ahead to a US$200 million quick disbursal loan that the Mejia administration will use for its social compensation package.
