The government will contribute RD$10 billion to the money in circulation during this month, which is expected to stimulate the economy. Diario Libre reports that this does not include money to be paid out by the public sector in Christmas bonuses to employees. Finance Minister Vicente Bengoa said this month would be historic in economic terms. Public sector Christmas bonuses amounting to RD$3.7 billion will be paid out 12 December. Also, RD$1.2 billion and RD$800 million have been allocated to the Ministry of Public Works and the Office of State Works Supervisors. The International Monetary Fund (IMF) authorized the government to disburse an additional RD$1.4 million to these to institutions. Banco de Reservas has paid approximately RD$2.9 billion to internal bondholders which matured last month.
According to El Caribe, the Ministry of Finance has ordered the payment of bonuses corresponding to Law 172-03 for a total of RD$577.8 million which will be used to pay the debts that several public institutions owe to other state departments and private companies.