NewsWhore
12-13-2007, 03:30 PM
Economic, Planning and Development Minister Temistocles Montas has revealed that the external debt and the subsidy for the energy sector will take up RD$91 billion of the 2008 budget. The energy sector alone has an RD$21 billion subsidy. Montas added that at the end of this four-year presidential period a total of RD$110 billion will have been designated to the energy and liquid gas (GLP) subsidies. The minister said that the serious problems plaguing the energy sector have required an RD$15 billion subsidy in the last three years, and that all sectors need to pull together to solve them.
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