Economy November 18, 2019 | 4:30 pm

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Top official: electricity sector debt exceeds US$13.0B

Punta Catalina.

Santo Domingo.- Finance minister, Donald Guerrero, on Monday said the national electricity sector debt exceeds US$13.0 billion of the total public debt, which, as of September, was US$34.2 billion.

He said faced with the problem, president Danilo Medina’s administration “has attacked in two ways;” that are generation and distribution.

As for the generation, the official estimated that with the construction of the Punta Catalina power plant, the State would save about 400 million dollars, “due to the decrease in the average cost of purchasing energy that this would cause.”

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