NewsWhore
05-11-2007, 04:20 PM
A mission from the International Monetary Fund (IMF) will be arriving in the DR next Wednesday to complete the review of the stand-by arrangement for the first quarter of the year and study macroeconomic perspectives for the rest of the year. Andy Wolf again heads the IMF delegation. The mission was here at the beginning of April.
As reported in El Caribe, the review will determine whether the DR has met the requirements to receive US$228 million to strengthen Central Bank reserves as established in the stand by arrangement. This is the 7th review of the stand by arrangement that was signed in January 2005 for a 28-month period. The arrangement was extended to 37 months and will now end 30 January 2008.
More... (http://www.dr1.com/index.html#3)
As reported in El Caribe, the review will determine whether the DR has met the requirements to receive US$228 million to strengthen Central Bank reserves as established in the stand by arrangement. This is the 7th review of the stand by arrangement that was signed in January 2005 for a 28-month period. The arrangement was extended to 37 months and will now end 30 January 2008.
More... (http://www.dr1.com/index.html#3)