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View Full Version : Loans are not in the budget



NewsWhore
06-16-2011, 04:00 PM
Deputy Guadalupe Valdez, of the PLD-allied Alianza por la Democracia (APD) party, says that the loans approved by the Chamber of Deputies on Tuesday are not contemplated in the 2011 National Budget.

She said she voted "no" because these five loans were not in the budget. She said the budget established the contracting of loans for EUR205 million when the Chamber of Deputies approved five loans for EUR353.4 million, which was EUR148 million more than established in the budget. Valdez said this translates to an additional RD$8 billion.

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