PDA

View Full Version : IMF mission on the economy



NewsWhore
05-22-2007, 06:00 PM
According to Andy Wolfe, chief of the IMF mission in the Dominican Republic, the country has reached its main economic goals for the first quarter of the year, with growth continuing and inflation below guidelines set by the Central Bank. But Diario Libre reports that Treasury Minister Vicente Bengoa will ask the IMF for a special dispensation in passing monetary and energy laws requested by the IMF. The bills deal with the issuing of internal bonds for the capitalization of the Central bank and the modification of the General Electricity Law. Bengoa said that those bills have been in Congress for months. Bengoa said that if these do not pass, they will be seen as the DR not fulfilling preset objectives.

More... (http://www.dr1.com/index.html#2)