NewsWhore
12-20-2006, 04:30 PM
The International Monetary Fund (IMF) and the Dominican Republic have reached an agreement on the IMF's program for 2007. According to a brief note from the Dominican Central Bank, IMF country representative Eric Offerdahl said that the IMF is confident that they will see important advances in the implementation of a series of policy measures. Offerdahl also says in the note that the monetary funds directors will meet again on January 24 in order to review the fifth and sixth overviews of the Stand-by Accord and an extension of the agreement that will last until 2008. According to the original proposals, the Dominican Republic was to receive US$670 million, but so far the country has received just US$365 million.
More... (http://www.dr1.com/index.html#1)
More... (http://www.dr1.com/index.html#1)