The Dominican government has needed to assign RD$242 billion of its RD$605 billion budget to pay public debt and subsidies. The sum is RD$36 billion more than last year. The debt is inherited from the eight-year consecutive Fernandez administration, when the government took on record amounts of debt. Of the total, RD$66.6 billion will go for subsidies, of which most goes to the electricity sector. Of the total public debt, RD$104 billion will go to amortization of debt and another RD$71 billion to pay interest.
www.elcaribe.com.do/2013/09/27/deudas-subsidios-comen-40-gastos