President Hipolito Mejia announced that the government will borrow US$50 million to cover the cost of asphalt needed for the Pan American Games and other public works. The Dominican Republic normally sources its asphalt from Venezuela, but due to the current political turmoil in that country, suppliers have not been able to dispatch the material. The Export-Import Bank of the United States, an independent US government agency that helps finance the overseas sales of US goods and services, will back the Dominican loan.
