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View Full Version : Taking on more foreign debt



NewsWhore
04-15-2008, 06:20 PM
The Senate is studying the approval of nine international loans that would increase foreign public debt to the tune of US$309.7 million.
The loans include:
US$93.7 million to purchase 8 Super Tucano jet planes from Brazil.
US$80 million for the construction of a set of libraries and the new National Archives.
US$60.9 million to finance the Las Placetas hydroelectric dam. That project is being constructed through the State Run Electric Companies (CDEEE).
US$19.4 million to finance the Social Projection Investment Project.
US$14 million loan pending for the Social and Economical Development Program.

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