| Login | |
| Currency | |
| Weather | |
| |
Government and IMF reach agreement on reducing electricity subsidy
posted on: Sep 4 2010 10:44 by Royston. Viewed 432 times.
The International Monetary Fund (IMF) and the Dominican authorities have agreed to enhance revenues, control costs and reduce government subsidies for electricity, in order to achieve gradual fiscal consolidation envisaged in the Stand-By agreement signed. last year. 
IMF Deputy Managing Director Murilo Portugal spoke after meeting in Washington with finance minister Vicente Bengoa, Central Bank governor, Hector Valdez Albizu and Themistocles Monts, the minister for the economy. He said that the agreements also seek to maintain growth of domestic demand on a sustainable path.
After the visit , the Dominican government's economic team reported that a letter of intent will be drafted and presented to the IMF for consideration.
14 related news articles
Country on its knees?: Jul 8 2011
IMF is satisfied with the course of the Dominican economy: Nov 10 2010
Infrastructure program adjusted in line with IMF accord: Aug 29 2010
Review of electricity sector with IMF, WB and IDB: Jun 9 2010
IMF predicts growth of 5.5% in Dominican economy: Jun 2 2010
Central Bank says economy will grow without inflation : Apr 27 2010
Dominican economy lags behind the region: Apr 22 2010
IMF approves Governments application and awards US$120m this week: Apr 8 2010
Government requests waivers from IMF: Mar 29 2010
Billions of dollars in bonds for road works: Mar 4 2010
Government fails to reduce debt to electric companies, crisis deepens: Feb 18 2010
IMF says Dominican Economy is recovering: Feb 17 2010
US Treasury calls for full cancellation of Haiti debt: Feb 8 2010
G-7 urged to cancel Haiti debt: Feb 6 2010
Digg it!
del.icio.us
MySpace
Facebook
Fark
Reddit
NewsvineLoading
| Recent Forum Messages |
|
Tourist Card Information Ok cool, I'm coming to Sousa Feb 8th by CHUCKJER on Feb 4 2012 13:10 Tourist Card Information Chuck, The exit fee goes up increm by frank12 on Feb 4 2012 12:51 Tourist Card Information Also I wonder if it depends on which by CHUCKJER on Feb 4 2012 9:49 Tourist Card Information How much is the Exit fee? And I trav by CHUCKJER on Feb 4 2012 9:36 Tourist Card Information If there was something illegal about by frank12 on Feb 3 2012 23:12 |
| Recent Comments |
|
by jpgag2000 on Feb 4 2012 21:15 Les Dominicains constituent le seul peuple au monde qui by Dave on Feb 3 2012 16:20 its written by an environmental consultant Nuff said. by Jonny on Feb 3 2012 15:10 This article makes it sound like a pleasant stroll thro by DB on Jan 29 2012 10:35 Whoever writes these articles should learn at least bas by Yannick martin on Jan 25 2012 9:40 SHOUDN'T brag about it !!!!!!!! |
