IMF to review Stand-by agreement

[NewsWhore]

The International Monetary Fund (IMF) has scheduled the fifth and sixth revisions of the Stand-by agreement with the DR for tomorrow. The monetary authorities have presented a plan for a growth rate of 6% of the GDP, an inflation rate of between 4% and 6% and a deficit of between 1.8% and 2.3%, all depending on global oil prices. As soon as the agreement is approved the country will receive US$228.3 million for 2007 and will receive another US$57 million in 2008.

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