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    • News
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    Dominican Republic to Receive Emergency Loan From IDB

    By Ivy Mungcal // 21 October 2009

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    The Dominican Republic is expected to receive USD500 million from the Inter-American Development Bank to help

    for the country's core social programs. The money will be used to increase the government's spending on education, health care, and targeted subsidies. It will also help streamline energy subsidies and improve the management of the country's power companies.

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ivy Mungcal

        Ivy Mungcal

        As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

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