{"id":120158,"date":"2018-12-13T12:34:35","date_gmt":"2018-12-13T12:34:35","guid":{"rendered":"https:\/\/dr1.do\/?p=120158"},"modified":"2018-12-13T15:52:38","modified_gmt":"2018-12-13T15:52:38","slug":"hacienda-minister-says-government-plans-to-sell-punta-catalina-in-2019","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2018\/12\/13\/hacienda-minister-says-government-plans-to-sell-punta-catalina-in-2019\/","title":{"rendered":"Hacienda Minister says government plans to sell Punta Catalina in 2019"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" src=\"https:\/\/dr1.do\/wp-content\/uploads\/2018\/12\/Punta-Catalina-El-Dinero-1024x631.jpg\" alt=\"\" class=\"wp-image-120197\" width=\"600\" height=\"370\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2018\/12\/Punta-Catalina-El-Dinero-1024x631.jpg 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2018\/12\/Punta-Catalina-El-Dinero-300x185.jpg 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2018\/12\/Punta-Catalina-El-Dinero-768x473.jpg 768w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2018\/12\/Punta-Catalina-El-Dinero.jpg 1200w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption>Photo: El Dinero<\/figcaption><\/figure>\n\n\n\n<p>Hacienda Minister Donald Guerrero says that the government has plans to sell up to 50% of the shares of the Punta Catalina thermoelectric center that is under construction in southern Peravia province. The Odebrecht-Tecnimont-Estrella consortium is the company charged with constructing the plant.<\/p>\n\n\n\n<p>Guerrero made the statement when visiting Congress prior to the passing of the 2019 National Budget. The Presidency had submitted the National Budget with a chapter whereby it sought the budget to serve as authorization to the Executive Branch to issue and place public debt bonds for up to RD$190 billion and a loan for US$300 million with the Inter American Development Bank to be used as contingent financing for natural disasters within the debt taking contemplated for the 2019 National Budget.<\/p>\n\n\n\n<p>Guerrero said that the bonds would replace a request for authorization for government assets sale without specific congressional approval. The government has valued the thermoelectric power plant at US$2.017 billion. Odebrecht is demanding an additional US$708 million in an arbitration court case heard in New York. The 752-megawatt coal-fired power plant is scheduled to enter into operation in 2019. <\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.diariolibre.com\/economia\/gobierno-mantiene-planes-vender-50-de-punta-catalina-NH11619361\">Diario Libre<\/a><br><a href=\"https:\/\/noticiassin.com\/analisis-economico-venta-acciones-de-punta-catalina-al-sector-privado\/\">Noticias SIN<\/a><br><a href=\"https:\/\/www.eldinero.com.do\/74278\/gobierno-dominicano-contempla-venta-de-central-termoelectrica-punta-catalina\/\">El Dinero<\/a><\/p>\n\n\n\n<p>13 December 2018<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hacienda Minister Donald Guerrero says that the government has plans to sell up to 50% of the shares of the Punta Catalina thermoelectric center that is under construction in southern Peravia province. The Odebrecht-Tecnimont-Estrella consortium is the company charged with constructing the plant. Guerrero made the statement when visiting Congress prior to the passing of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2018\/12\/13\/hacienda-minister-says-government-plans-to-sell-punta-catalina-in-2019\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/120158"}],"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=120158"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/120158\/revisions"}],"predecessor-version":[{"id":120198,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/120158\/revisions\/120198"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=120158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=120158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=120158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}