2004News

PLD publishes debt record

The political committee of the Dominican Liberation Party (PLD) publishes today
a full-page advertisement comparing foreign debt taken on by Dominican
governments since 1962.
Presidents & debt upon leaving office:

Rafael Bonnelly (Uni?n C?vica – January-December 1962): US$13 million;

Juan Bosch (PRD – December 1962-September 1963): US$4 million;

Donald Reid (Triumvirato – 1963-April 1965: US$154 million;

Joaqu?n Balaguer (PRSC – 1966-1978): US$844 million;

Antonio Guzm?n (PRD – 1978-1982): US$2.9 billion;

Salvador Jorge Blanco (PRD – 1982-1986): US$3.8 billion;

Joaquin Balaguer (PRSC – 1986-1996): US$4 billion;

Leonel Fern?ndez (PLD – 1996-2000): US$3.7 billion;

Hip?lito Mej?a (PRD 2000-2004): US$7.6 billion.

The PLD propaganda division concludes: ?As a consequence of this madness, now we
must borrow to pay debts as we create new taxes to continue paying more debts.?