Economy July 7, 2015 | 11:47 am

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Government must be wary of foreign loans linked to purchases: AIRD

Santo Domingo.- Dominican Republic Industries Association (AIRD) executive vice president Circe Almánzar on Monday urged the government to be wary of loans from countries that require the purchase of all items associated with the funded projects.

She said government purchases must be carried out under public policies favoring locally manufactured products in state calls for tenders.

The AIRD executive spoke during the opening on Tuesday of the 3rd. Business Roundtable for MSMEs which concludes today in the Embajador hotel, co-hosted jointly by the Public Procurement Agency (DGCP) and the Inter-American Bank’s IDB-MIF

"This Third Public Market Business Roundtable for MSMEs is a success and is a sign that we must continue to consolidate capacity: to sit at the same table to negotiate the best not only for the government or for business, but also for the country," Almanzar said.

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