2004News

Loans sent to Congress

President Leonel Fernandez has requested congressional approval of several loans. These are:

US$37 million from the IDB for the construction of housing under the Instituto Nacional de la Vivienda; US$7.3 million to fund technical assistance for the power sector; US$12.5 from the World Bank to fund a technical assistance program for the financial sector; US$6 million from the IDB to strengthen the banking system and its supervision; and US$5.4 million to fund the Project for Institutional Development of the Information Society under the Technical Secretary of the Presidency.