2014News

Debt on the rise

The Audit Committee has announced that public debt increased in 2013 by 5.9% of the Gross Domestic Product (GDP) reaching 39.5% compared to 36.6% last year. This represents an increase of RD$215,228 over 2012, ending the year at RD$989,676 million. Interviewed by journalists, the Audit Committee chair Licelot Marte de Barrios said that there were …