The world financial community is looking favorably at the Dominican Republic, judging by the support given to current monetary policies and the exchange rate over the last year. However, some people are questioning the fact that the exchange rate is creeping above the 29:1 ratio of the past few months. According to Hoy, the international financial community has approved the government’s plan to seek US$555 million in loans from different sources. The money would be used to make the final payment to the Union Fenosa electricity distribution companies and for the construction of the Coral Expressway in the eastern part of the DR. The program will be approved next 20 October when the Paris Club meets in the French capital to countersign the agreement reached with the Dominican mission that visited just three weeks ago. According to sources, either a new US$300 million sovereign bond issue will be used to pay Union Fenosa or one of the current bond issues will be revalued to cover the payment. The other US$255 will be used to complete the Coral Expressway, much needed by the tourism sector. Apparently, contacts have been made with international investment bankers for this project.