The government is contemplating the issuance of RD$1.3 billion in bonds to cover old debts carried by the farming and animal husbandry sectors. Finance Minister Jose Lois Malkum made the announcement after a meeting with President Mejia and a high-ranking commission of administration officials. The bonds would be offered through Banreservas and Banco Agricola, both government banks. The issuance of internal bonds was one of the solutions presented by the commission that is composed of the head of the Central Bank, the administrator of the agricultural bank, the administrator of the Banreservas, the National Budget director, and the Minister of Agriculture. The commission has worked for five months on methods to reinvigorate the agricultural sector.
