President Leonel Fernandez has submitted to Congress a financial agreement between the Dominican state and the Banco Bilbao Vizcaya Argentaria (BBVA) of Spain for a total US$8.081 million, which is to be used for the purchase of transportation equipment for the police and the Citizen’s Security Program. The interest rate on the loan will be LIBOR plus 2.75% to be paid in two years, according to Diario Libre.