NewsWhore
03-02-2009, 05:50 PM
The World Bank is expected to lend US$413 million.
Increase this year's Education Ministry budget by RD$4.09 billion, to be funded by multilateral organizations, to reach the target 4% of Gross Domestic Product investment in Education.
The DR expects to receive US$829 million from the Inter-American Development Bank (IDB). Large portions of these funds will go towards adjusting the budget and on supporting education, health, energy and potable water programs.
The government also expects to borrow from:
The Andean Development Corporation: US$95 million.
Central American Economic Integration Bank: US$50 million
PetroCaribe: US$300 million
National Economic and Social Development Bank (Brazil): US$100 million
Spanish Government Funds (FAD): US$205 million
Increase in financing for Agriculture bank using RD$3.6 billion of the BNV funds for agriculture.
More... (http://www.dr1.com/index.html#3)
Increase this year's Education Ministry budget by RD$4.09 billion, to be funded by multilateral organizations, to reach the target 4% of Gross Domestic Product investment in Education.
The DR expects to receive US$829 million from the Inter-American Development Bank (IDB). Large portions of these funds will go towards adjusting the budget and on supporting education, health, energy and potable water programs.
The government also expects to borrow from:
The Andean Development Corporation: US$95 million.
Central American Economic Integration Bank: US$50 million
PetroCaribe: US$300 million
National Economic and Social Development Bank (Brazil): US$100 million
Spanish Government Funds (FAD): US$205 million
Increase in financing for Agriculture bank using RD$3.6 billion of the BNV funds for agriculture.
More... (http://www.dr1.com/index.html#3)