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IMF delegation busy assessing the Dominican economy

Santo Domingo.- The International Monetary Fund (IMF) delegation now in the country as part of the post-monitoring program is slated to meet with Presidency chief of staff  Gustavo Montalvo at the National Palace Thursday afternoon, to assess the Dominican economy and be apprised of the government’s plans.

As part of its schedule, the delegation led by Przemek Gajdeczka will also meet with Banks Superintendence officials today, to focus on how to implement credit concentration norms and limits on loans for related parties.

It will also return to the Central Bank for discussions on the recently implemented monetary and exchange rate policies.

The delegation which arrived at the start of the week visited the Economy Ministry and the Central Bank on Tuesday, in addition to the Finance Ministry, where it held talks with fiscal, monetary, financial and foreign area sector officials. Other topics covered included quasi-fiscal deficit, balance of payments and monetary and exchange policy.

The IMF officials also went to the General Budget Agency (Digepres) and the State-owned Electric Utility (CDEEE) on Wednesday, to discuss that sector’s situation, investment and financing plans.

Source: DT

Category: DR News |

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Last updated December 8, 2016 at 12:39 AM
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