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NewsWhore
11-12-2009, 05:00 PM
The Chamber of Deputies has approved six commercial loans totaling US$339.4 million for the construction of public works projects. Of the funds, US$111.2 million and US$14.5 million will be allocated for the constructing, equipping and operating the eastern Santo Domingo Ciudad de la Salud pediatric, maternity and general specialties hospital center in eastern Santo Domingo, a non-tendered contract. A further US$79.6 million and US$10.4 million were allocated for constructing and equipping hospitals in Higuey, Monte Cristi and 18 primary health care centers across the country.
The deputies voted in favor of the government taking on an additional US$45 million for the MercaSanto Domingo wholesalers market. Another US$78.7 million is allocated to finance the Las Placetas hydroelectric project. This project has the backing of Norwegian export financing agency Eksportfinans.
The Senate also approved US$70 million loan to be used for Solidarity welfare programs run by the Vice Presidency. This will be disbursed by the Inter-American Development Bank (IDB).

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