Between now and December, the Dominican Republic is due to pay US$352 million, a sum that includes the deferred payments pending to several international organizations. Mario Mendez, the economic editor of Hoy, reports that the country has not been relegated to default status only because the creditors have taken a flexible attitude and prefer to restructure the debts rather than declare them unpayable. According to his sources, Mendez says the country had US$127 million in overdue payments at the end of July, including US$40 million that had not been revealed to the Paris Club. Some payments have been made since then, however, such as the interest on the sovereign bonds and US$10 million to the Inter-American Development Bank (IDB). The source told the writer that “if the situation had not occurred during the transition period of government, [the debts] would have been declared in default.”