The Dominican Republic owes 48.4% of the bilateral debt to Venezuela. Accumulated debt under the PetroCaribe oil agreement now adds up to US$2.03 billion, or 48.4% of the country’s total bilateral debt, a grand total of US$4.34 billion. <\/p>\n
As reported in Listin Diario, this year’s oil bill is estimated at US$3.5 billion, which could increase by another one billion if the current fuel prices are maintained. <\/p>\n
The bilateral debt with other countries is US$636.9 million with Brazil, US$288.5 million with the United States, US$426.8 million with Spain and US$142.5 million with Japan. Overall debt with other countries is US$739.4 million. <\/p>\n
As reported in Listin Diario, the DR public debt is US$14.7 billion, or 28.4% of the Gross Domestic Product (GDP). <\/p>\n","protected":false},"excerpt":{"rendered":"
The Dominican Republic owes 48.4% of the bilateral debt to Venezuela. Accumulated debt under the PetroCaribe oil agreement now adds up to US$2.03 billion, or 48.4% of the country’s total bilateral debt, a grand total of US$4.34 billion. As reported in Listin Diario, this year’s oil bill is estimated at US$3.5 billion, which could increase … <\/p>\n