2005News

UN to disburse funds for infrastructure

At the end of this year, the United Nations will have disbursed approximately US$450 million to be invested in infrastructure projects in the DR. Niky Fabiancic, Resident Coordinator of the United Nations System in the DR stated the purpose of the investment is to generate prosperity and employment and to achieve important improvements in the social indicators. He stated that a similar amount is planned for investment in 2006. Fabiancic was speaking in the presence of President Leonel Fernandez and Vice President Rafael Alburquerque during the inauguration of the UN System’s new offices.