Complicated situation

[NewsWhore]

Today's Hoy editorial comments that IMF representatives are saying that the Dominican economic situation is complicated. "For over a year the Dominican authorities have begun to lift the subsidies on industry, electricity, farming and the impoverished population that was draining the government resources. Meanwhile, infrastructure is being built with foreign borrowing, almost always contracted on unfavorable commercial terms. We owe Petrocaribe more than US$1.2 billion, and the sources of peso and dollar loans have declined".

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