The Chamber of Deputies yesterday approved four international loan agreements which together will total US$285 in new Dominican official debt if approved by the Senate. These include: a US$105 million agreement with the Inter-American Development Bank (IBD) for reconstruction after Hurricane Georges; a US$111 million World emergency loan for the same purpose; a US$60 million loan from Banco Espa?ol de Cr?dito; and a US$10 million loan from the OPEC Fund. The first three were just submitted by the Executive Branch last Monday; the fourth had been awaiting approval for over two years and concerns rescheduling DR debt with the Fund accumulated during the 1978-1982 period.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chamber of Deputies yesterday approved four international loan agreements which together will total US$285 in new Dominican official debt if approved by the Senate. These include: a US$105 million agreement with the Inter-American Development Bank (IBD) for reconstruction after Hurricane Georges; a US$111 million World emergency loan for the same purpose; a US$60 million … <\/p>\n