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View Full Version : Budget approval postponed for Friday



NewsWhore
12-16-2010, 04:50 PM
The Chamber of Deputies has postponed the approval of the 2011 National Budget until Friday in order to include an addendum sent by the Presidency. The addendum will add RD$150 million for the construction of the Monte Grande dam. While it holds the majority in the Senate, the bill in a first reading in the Chamber of Deputies did not receive two-thirds of the majority needed to approve the budget.

Meanwhile, 7dias.com.do reports that the Senate approved the bill that orders the Minister of Hacienda to secure a loan for RD$750 million from the government Banco de Reservas to pay the Christmas wage in municipal councils and decentralized government departments.

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