Senate approves US$380.0M public debt issue

Santo Domingo.- The Senate on Wed. approved an issue of US$380.0 million of public debt to finance the 2019 Budget.

The bill that now goes to the Chamber of Deputies, was approved in two sessions, authorizes the Ministry Finance to place the issue of public debt.

The Senate approval resulted from a favorable report by the Budget Committee on the initiative submitted by the Executive Power.

The Chamber of Deputies, controlled by the ruling PLD party, is expected to approve the piece.

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