Deputies approve loans for more than US$ 1,200 million

Santo Domingo.- “We are not going to vote for these loans“, said Tobías Crespo, spokesperson for the People’s Force.

The legislators of the Dominican Liberation Party (PLD) and the People’s Force (FP) and the Dominican Revolutionary Party (PRD) declared themselves in mourning because in this Wednesday’s session in the Lower House, at least six new loans, for an amount greater than 1,200 million dollars. (US$1,242,926,411), causing the withdrawal of the opposition benches.

“A very sad day for the Dominican economy. It is a day of mourning for Dominicans because this loan is sinking the economy further. This government does not deserve to be approved for one more loan,” said Luis Henríquez, PLD Deputies Spokesperson.

“My clothing is black because the country is in hopeless mourning. Every day they take out loans and no work is seen,” declared Félix Castillo, PLD deputy in Puerto Plata.

“Legislators in previous periods were opposed to the loans. 50 loans today we have to light a cake or put on the black cloak of mourning and pain because in the face of this tragedy that occurred over the weekend, come to Congress with 1,243 million in loans and in this case we are dealing with 250 million dollars for the Office for the Reorganization of Transportation (OPRET)”, emphasized Tobías Crespo.

One of the first loans approved was for an amount of US$250 million that will be used for the construction of line 2C of the Santo Domingo Metro, which will include five new train stations that will go from the María Montés station on Luperón Avenue. to Los Alcarrizos, whose section will be six kilometers long.

“This funding the report itself stands on its own. The financing has a cost according to the budget presented, lower than what we have had in previous times and has a greater payment range, this financing has many benefits and the investment will be returned in less than 10 years,” added José Santana, deputy. in Santo Domingo Este.

These loans were approved by the majority of the legislators of the ruling party.