NewsWhore
06-26-2012, 02:10 PM
The Inter-American Development Bank representative in the Dominican Republic, Manuel Labrado, considers the debt level of the Dominican Republic to be "normal," as reported in Diario Libre. He estimated the Dominican debt at around a reasonable 30%. Labrado said the IDB has approved around US$300 million for the Dominican public sector, and another US$70 million as budget support this year. There is US$130 million for the private sector and disbursements will be US$220 million this year, said the IDB rep. He added that the IDB is backing energy, transport, water, sanitation, agriculture, tourism and budgetary support.
Labrado was interviewed by Diario Libre after a meeting with representatives of small and medium-sized business in the Adoexpo-IDB-Fomin program. The IDB will be supporting 13 small companies with financial and technical assistance for US$184,000 to help them export to the US and Central American markets.
Other recent IDB projects in the preparation or approval stages include:
Petrox North Coast Terminal, Inclusion of SMES in the sustainable tourism supply chain, Promotion of recycling as a development tool for communities in Santo Domingo, Research and Agricultural Development Program, Strengthening of the Asociacion Popular de Ahorro y Credito (APAP) for small company lending, Support for Consolidation of the Social Protection System, Knowledge transfer and exchange of experience in non-revenue water, Support for the Preparation of the Water Supply Program in Santiago, Viadom Toll Road Project, Preparation of the Agricultural Research and Development Program, and Results-Based Fiscal Local Management to Promote Tourism in the National District
www.iadb.org/en/countries/dominican-republic/dominican-republic-and-the-idb%2c1089.html (http://www.iadb.org/en/countries/dominican-republic/dominican-republic-and-the-idb%2c1089.html)
More... (http://www.dr1.com/index.html#6)
Labrado was interviewed by Diario Libre after a meeting with representatives of small and medium-sized business in the Adoexpo-IDB-Fomin program. The IDB will be supporting 13 small companies with financial and technical assistance for US$184,000 to help them export to the US and Central American markets.
Other recent IDB projects in the preparation or approval stages include:
Petrox North Coast Terminal, Inclusion of SMES in the sustainable tourism supply chain, Promotion of recycling as a development tool for communities in Santo Domingo, Research and Agricultural Development Program, Strengthening of the Asociacion Popular de Ahorro y Credito (APAP) for small company lending, Support for Consolidation of the Social Protection System, Knowledge transfer and exchange of experience in non-revenue water, Support for the Preparation of the Water Supply Program in Santiago, Viadom Toll Road Project, Preparation of the Agricultural Research and Development Program, and Results-Based Fiscal Local Management to Promote Tourism in the National District
www.iadb.org/en/countries/dominican-republic/dominican-republic-and-the-idb%2c1089.html (http://www.iadb.org/en/countries/dominican-republic/dominican-republic-and-the-idb%2c1089.html)
More... (http://www.dr1.com/index.html#6)