IMF ready to sign new accord

[NewsWhore]

The International Monetary Fund says it is ready and willing to enter into a new Stand-by arrangement with the Dominican government. The current agreement ends in January 2008. IMF country representative in the DR Erik Offerdahl told reporters from Listin Diario that "the ball is in the government's court". Whether or not there is a new accord, Offerdahl said that the IMF is willing to assist the government. The biggest pending issue is the beleaguered electricity sector.

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