The Listin Diario reported Saturday that Enrique Iglesias, president of the Inter American Development Bank would submit a US$300 million proposal for the Dominican Republic to the IDB board. Iglesias told reporters in Santa Cruz de la Sierra, Bolivia, that the Dominican government had put together an economic plan to solve the crisis that is currently affecting the country. The IDB chief also said that the International Monetary Fund has agreed to the general outlines for the Dominican recovery plan. Iglesias informed that the disbursements would be fast- tracked, in the same fashion as the US$100 million that was paid out last week to support government social programs.