Under decree 981-01, President Hipolito Mejia has created a commission to supervise the management of the US$497.5 million in sovereign bond money. The decree establishes that the President himself will head the commission. Members are the Technical Secretary of the Presidency, the Minister of Finance, the director of the National Budget Office, the president of the National Council of Private Business, and the president of the Council of Unions (Consejo de Unidad Sindical). The decree also establishes that the evaluating and validating of public works will be entrusted to the Medium Term Foreign Financing Unit headed by economist Andy Dauhajre.
