{"id":10898,"date":"2005-10-20T01:43:56","date_gmt":"2005-10-20T01:43:56","guid":{"rendered":"http:\/\/dr1.com\/new\/pages\/rd20-billion-in-energy-subsidies\/"},"modified":"2005-10-20T01:43:56","modified_gmt":"2005-10-20T01:43:56","slug":"rd20-billion-in-energy-subsidies","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2005\/10\/20\/rd20-billion-in-energy-subsidies\/","title":{"rendered":"RD$20 billion in energy subsidies"},"content":{"rendered":"<p> Presidency Minister Danilo Medina has announced that the state will end up paying out approximately RD$20 billion in electric and LPG subsidies by the end of the year. For electricity the total will be around US$550 million whereas the International Monetary Fund (IMF) had placed a ceiling of US$300 million as a condition. Listin Diario reports that the RD$20 billion in subsidies plus the cost of public debt represented half of the national budget. Medina was speaking during a public function at the Dominican Corporation of State-owned Electric Companies (CDEEE) for the opening of the tender process for two coal generators, which are to be installed in the municipalities of Pepillo Salcedo and Hatillo.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Presidency Minister Danilo Medina has announced that the state will end up paying out approximately RD$20 billion in electric and LPG subsidies by the end of the year. For electricity the total will be around US$550 million whereas the International Monetary Fund (IMF) had placed a ceiling of US$300 million as a condition. Listin Diario &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2005\/10\/20\/rd20-billion-in-energy-subsidies\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[224,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/10898"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=10898"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/10898\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=10898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=10898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=10898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}