According to data from the Budget Agency (Digepres), the Nonfinancial Public Sector Debt increased from RD$34.22 billion in the first quarter of 2016 to RD$50.22 billion at the close of the same period in 2017. This is an annual increase of 46.8%. The increase is attributed to the Dominican government taking on more debt than it is servicing.
From January to March of 2017, the Executive Branch issued RD$80.46 billion in debt, while it made payments of RD$30.24 billion during the same period.
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Diario Libre
3 May 2017
