NewsWhore
02-25-2009, 02:01 PM
The Senate has approved two loans from the World Bank totaling US$122 million. The funds will be used to fund disaster relief and the rehabilitation of electrical networks affected by storms. One of the loans that were approved yesterday, for US$80 million, will be directed towards the National Hydraulic Institute (INDRHI) and the State Run Electric Companies (CDEEE). The Santo Domingo and Santiago water authorities (CAASD and CORAASAN) will also receive funding from these loans. The remaining US$42 million will be used by the CDEEE for the rehabilitation of the power distribution system.
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More... (http://www.dr1.com/index.html#3)