Central banker’s assertion reveals ex President’s US$950.0M blunder

Santo Domingo.- During Leonel Fernandez’s last administration, only RD$11 billion were injected to Dominican Republic’s Central Bank, and not the $49 billion which the former President cited in his speech Tuesday night, for a blunder of US$950.0 million

Central banker Hector Valdez Albizu himself made the revelation, noting that “Fernandez probably referred to the total injected in his eight years in office, because this year’s reality is another."

"I imagine what he did was to add the eight years," the official said when pressed by journalists.

Valdez spoke after a National Palace meeting with president Danilo Medina, cabinet officials, and a delegation of the International Monetary Fund.