NewsWhore
12-21-2006, 05:00 PM
A US$50 million loan from the World Bank will finally be handed out to the DR either today or tomorrow, according to Technical Minister of the Presidency Temistocles Montas. The disbursal is part of a total US$150 million loan package from the World Bank. Montas said that the loan had been approved in May 2005, but hadn't been disbursed up until now. Montas also said that the disbursal of this loan means that a quick payment of the rest of the funds would now be possible. The money will be directed towards helping the energy sector.
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More... (http://www.dr1.com/index.html#4)