PDA

View Full Version : Central Bank recapitalization



NewsWhore
06-15-2007, 03:40 PM
The Chamber of Deputies has approved a plan for the recapitalization of the Central Bank. The Bank will receive a bond worth RD$320 million to cover its quasi-fiscal deficit. The recapitalization of the bank is part of the DR's Stand-by arrangement with the International Monetary Fund (IMF).

More... (http://www.dr1.com/index.html#7)