{"id":118265,"date":"2018-11-05T09:07:06","date_gmt":"2018-11-05T13:07:06","guid":{"rendered":"http:\/\/dr1.com\/new\/?p=118265"},"modified":"2018-11-05T09:07:06","modified_gmt":"2018-11-05T13:07:06","slug":"2019-budget-has-funds-to-recapitalize-central-bank","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2018\/11\/05\/2019-budget-has-funds-to-recapitalize-central-bank\/","title":{"rendered":"2019 budget has funds to recapitalize Central Bank"},"content":{"rendered":"<figure id=\"attachment_118297\" aria-describedby=\"caption-attachment-118297\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"size-medium wp-image-118297\" src=\"http:\/\/dr1.com\/new\/wp-content\/uploads\/2018\/11\/Dionis-Sanchez-PLD-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><figcaption id=\"caption-attachment-118297\" class=\"wp-caption-text\">Dionis S\u00e1nchez \/ PLD<\/figcaption><\/figure>\n<p>The president of the joint commission of Congress that is studying the 2019 National Budget Law revealed last week that the budget contains 0.7% of the GDP for the re-capitalizing of the Central Bank. Senator Dionis Sanchez said that the members of the committee will be inviting bank authorities to a meeting to discuss the subject. Sanchez said that the joint committee has some questions about Law 167-07 regarding the Recapitalization of the Central Bank of the Dominican Republic.<\/p>\n<p>Regarding this, Ervin Novas Bello, the manager of the Central Bank, explained that it is necessary to modify Law 167-07 that stated that between 2007 and 2016 RD$320 billion would be injected to recapitalize the bank. According to the official, so far only RD$132 billion has been documented, and the bank now needs to find a solution for the difference between what was stipulated and what was received.<\/p>\n<p>Read more in Spanish:<br \/>\n<a href=\"https:\/\/www.diariolibre.com\/noticias\/presupuesto-contempla-un-monto-para-recapitalizar-el-banco-central-HH11166735\" target=\"_blank\" rel=\"noopener\">Diario Libre<\/a><\/p>\n<p>5 November 2018<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The president of the joint commission of Congress that is studying the 2019 National Budget Law revealed last week that the budget contains 0.7% of the GDP for the re-capitalizing of the Central Bank. Senator Dionis Sanchez said that the members of the committee will be inviting bank authorities to a meeting to discuss the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2018\/11\/05\/2019-budget-has-funds-to-recapitalize-central-bank\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/118265"}],"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=118265"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/118265\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=118265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=118265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=118265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}