El Caribe newspaper reports today that, according to the budget bill, the country will receive US$1.1 in foreign resources next year, of which 93.5% or US$1.02 billion will go to pay foreign loans. The budget establishes that RD$11.83 billion (approximately US$316 million) will be used to pay the foreign debt, or almost 29% of the total budget. The financial plan for 2005 designates US$1.1 billion to foreign debt, of which 39% will account for interest owed. According to the letter of intent with the IMF, the foreign debt should be reduced from 33.7% to 26% of the Gross Domestic Product from 2004 to 2005.