According to Hoy, there is a chance that the DR could access an extra US$360 million in loans from the Inter-American Development Bank (IDB). Currently the DR has access to as much as US$640 million in loans. Negotiations between both sides have commenced with discussions centering round liquidity, emergency relief funds and the effects of the international financial crisis. Hoy quoted IDB representative Carlos Galvis who was in the DR yesterday speaking at a workshop organized by the Ministry of Economy Planning and Development.