2014News

Work accident funds now at RD$18.47 billion

The Construction Promoters Association (Acoprovi) has its eyes on the RD$18.47 billion deposited with the government in labor accident funds. Acroprovi wants to convince the government to let them use the funds to build and sell low-cost housing, as reported in Diario Libre.

The funds are under the Fondos de la Administradora de Riesgos Laborales Salud Segura (ARLSS) that has paid out RD$1.4 billion from 2004 to 2013 and accumulated the difference. The funds are deposited as of 30 June 2014 RD$13.4 billion in the Central Bank, RD$2.77 billion in the National Housing Bank (BNV), and RD$84 million in the Banco de Reservas.

http://www.diariolibre.com/economia/2014/08/14/i745241_los-fondos-accidentes-laborales-crecen-llegan-rd18-470-millones.html