NewsWhore
10-12-2006, 04:23 PM
The International Monetary Fund (IMF) has said that it is willing to extend the Stand-by agreement with the DR until April next year, if Congress asks for it. The process has thus far been slow, with 6th and 7th revisions expected for August, now expected for December. Central Bank president Hector Valdez Albizu, who according to Diario Libre has never been partial to external impositions on economic matters, is hoping that the agreement with the IMF is extended. The agreement came into effect in January 2005, and has a 28-month duration; meaning that it runs out in April 2007.
More... (http://www.dr1.com/index.html#6)
More... (http://www.dr1.com/index.html#6)