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Santo Domingo.- While 73.4% of all bank loans goes to retail and services barely 17.6% is for the productive sector, its complaints of meager funding for agro are constant, for which they have to resort to the informal market.

 According to Central Bank figures of a RD$414.8 billion (US$10.5 billion) loan portfolio to June 27, the banks allocated RD$304.5 billion for retail and services, only RD$72.9 billion to the productive sector and RD$37.4 billion (9%) to the public sector.

 The loans for the private sector totaled RD$377.4 billion, or 91% of the total RD$414.8 billion in the banks’ loan portfolio.

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COMMENTS
8 comment(s)
Written by: veganosoy, 5 Jul 2012 10:36 AM
From: United States
And we have our president complaining about food prices show the money to the people who worked the land invest more in Education if you want more calls centers build in our country because that's what you want , If you plant the land food prices will woorked in your favor and you will not be affected everytime oil goes up.
Written by: hernandez5482, 5 Jul 2012 10:47 AM
From: United States, Vivir sin Patria, es lo mismo que vivir sin Honor.
this is why we are not self sufficient, because Lionely does not give the agro sector the priority it deserves, the Dominican Republic's economy will grow so much more with a substantial budget for agriculture. But no, this means that poor Dominicans will benefit and that cannot be allowed!!!!
Written by: anthonyC, 5 Jul 2012 10:55 AM
From: United States
Just because it is agriculture does not mean it is productive.

Just look at what the moochers want to do to the poultry industry!
Written by: DomRat, 5 Jul 2012 10:55 AM
From: Dominican Republic
Lionel must have lost a lot of money in going sort or long with bad timing on the commoditiesexchange, thus pissed off at commodities trades general and possibly the agriculture sector in general.
Written by: josean, 5 Jul 2012 11:22 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


¡Querían Morao, Cojan Morao!


Written by: josean, 5 Jul 2012 11:22 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


Speaking of getting the Short End:


I told you Guys that Narco-PLD will begin to Crack!

Expert says Leonel fiscal anarchy seems designed to derail Danilo

With the failure of Medina they seeks to promote “pathological aspirations of power of the current ruler and his group of beneficiaries" in 2016

Professor Nelson Suarez warns that President Fernandez is leaving a serious problem to its successor Danilo Medina

SANTO DOMINGO, Dominican Republic- The fiscal and budgetary anarchy that President Leonel Fernández administration is leaving his successor, Danilo Medina, seems to have been designed to derail the new Government that will be lead by the President Danilo Medina as of August 16, warned the Economist Nelson Suárez, a specialist on the national budget.

acento.com.do/index.php/news/18808/56/Experto-dice-anarquia-fiscal-de-Leonel-parece-ideada-para-hacer-fracasar-a-Danilo.html

continued:

Written by: josean, 5 Jul 2012 11:23 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


He screwed Hippo in 2000 and now Danilo in 2012, but more importantly the Dominican People since 1996!

Written by: veganosoy, 6 Jul 2012 8:36 PM
From: United States
I loved who our president goes into different forums throughout the world to complain about food prices when he alone has the means and the power to exercise his authority to give more loans to our farmers we have the most fertile valley in the world the Cibao valley is consider the most fertile land in the Americas and the whole world our president does not do enough for agriculture most of the people that work the land the one that dare are through private investors that charge huge taxes to the land owners and not make it very profitable the bank of Agriculture could do so much more, our president once said that he wants to follow the Taiwanese economic model but mister president I just want to remind you that this country started their turn around by investing in education as a matter fact 16% of their total GDP goes towards education you will not even approved a 4% so just don’t throw information out there. I was once one of your follower but I lost completed confidence in you as
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