NewsWhore
04-07-2008, 04:00 PM
Currently at US$8.57 billion, the DR's public debt represents 26% of the country's Gross Domestic Product. As reported in the Listin Diario, US$4.5 billion was contracted at a fixed interest rate, and US$4.01 billion at a variable interest rate. A Ministry of Hacienda report says that the debt increased by US$191.6 million in the last quarter of 2007. In 2006, the debt was US$8.37 billion. 81.6% of the debt is contracted in US dollars. The Ministry of Hacienda indicates that 88.3% of the public debt is foreign debt, or US$7.55 billion. Of this, 23% is in sovereign and Brady bonds.
See www.hacienda.gov.do (http://www.hacienda.gov.do)
More... (http://www.dr1.com/index.html#3)
See www.hacienda.gov.do (http://www.hacienda.gov.do)
More... (http://www.dr1.com/index.html#3)