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Santo Domingo.- The public debt, or the foreign and domestic debts combined, grew by $1.9 billion to August, compared with December 2011, from US$16.6 billion to US$18.5 billion, according to Finance Ministry figures.
However, official figures contradict those of economists of the opposition parties, who say the government debt jumped US$9.4 billion at the end of 2004 to US$25.0 billion at midyear.
The Economic Commission for Latin America and the Caribbean (ECLAC), in a June report on Latin America and the Caribbean and its prospects, also puts Dominican Republic’s gross public debt to that month at US$17.1 billion, of which US$4.9 billion was local and US$12.1 billion foreign.
Officia figures note that the country’s public debt is 32.4% as a nominal percentage of the GDP, estimated at US$57.1 billion.
The foreign debt, including multilateral, bilateral, local banks, bonds and suppliers, jumped US$1.0 billion, an 8.9% increase, from US$11.6 billion to $12.66 billion. The foreign debt is 22.2% of the nominal estimated GDP.
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And what do we have to show for it but the PLD's Political Committee's ill gotten wealth!
Josie here it is kill yourself
1930-1965- US$161.0 Millions (After 1960-Trujillo, Balaguer, Bonnelly,Bosch,Triunvirato, Godoy,among others)
1966-1978- US$1,353 Millions (Joaquin Balaguer)
1978-1982- US$2,923 Millions (Antonio Guzman)
1982-1986 -US$3,810 Millions (Jorge Blanco)
1986-1996- US$3,994 Millions (Joaquin Balaguer)
1996-2000- US$3,384.8 Millions (Leonel Fernandez)
2000-2004- US$7,300 Millions (Hipolito Mejia)
2004-2012- US$14,420 Millions (Leonel Fernandez) dec 2011
Can't blame the IMF for this.
They are the only thing that can save us.
Spaeking of PURPLE DEBT!
The Truth of Lieonel’s Narco-Marco Economic Privatization Neo-Liberal Miracle begins to TRICKLE DOWN!
“The CDEEE debt is US$ 1 Billion 200 Million dollars”
“He said that the depth of the crisis found in the CDEEE is greater than initially imagined, which obliges the authorities to vary the plans that had been designed to address them.”
almomento.net/articulo/119653/Deuda-de-la-CDEEE-es-de-US$1200-MM