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Vicente Bengoa, Roland Dubertrand.
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SANTO DOMINGO.- Hacienda minister Vicente Bengoa said the French Government today offered to lend Dominican Republic US$100 million for environment and water projects.

The official said the loan would be financed at 30 years, at the Libor rate plus 0.75 percent, which is currently less than 3.0 percent annually. “It’s an extremely soft loan which is currently very difficult to obtain, even in the multilateral financing organisms."

In a statement, the Hacienda Ministry said Bengoa met with French ambassador Roland Dubertrand and other officials from that country. “We have serious difficulties to access financing in the international markets because of the global crisis."

Dubertrand stressed the importance for both countries develop projects to conserve the natural resources and protect the environment.

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COMMENTS
23 comment(s)
Written by: WalterPolo, 22 Apr 2009 1:18 PM
From: Dominican Republic, Puerto Plata
M0'money for wining, dancing and yipetas
Written by: poponlaburra, 22 Apr 2009 2:11 PM
From: United States, La Hermandad
More loans, how about grants!
Written by: juanb, 22 Apr 2009 3:14 PM
From: Dominican Republic
Borrow, borrow, borrow. Waste, waste, waste. Borrow, borrow, borrow again.


Waste, waste, waste, repeat cycle.
Written by: xwill7, 22 Apr 2009 3:22 PM
From: United States, Chicago
As long as they do not outsource the work to a foriegn company, this should be ok. Let the money stay in DR so it can flow into small businesses
Written by: glomarexplorer, 22 Apr 2009 11:23 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
Clearly an overt action to further mortgage Quisqueya, and to create additional opportunities for govt waste and grafting. Mark my words, there will be nothing of substance built or fixed with this money. However, there shall be some additional nice cars rolling in the streets of Sto Dgo; also, there shall be many more "queridas". Unfortunately, those who will be saddled for many years with the repayment of this loan don't have a say in the matter.

Darn French, what's in it for them? Any ulterior motives, huh? Are they trying to finish what they started a couple of centuries ago and fulfill their dreams of colonizing and controlling Saint Domingue? Don't take the money unless it is an outright grant. I shall remain skeptical of this transaction, as I simply do not trust those involved.
Written by: poponlaburra, 23 Apr 2009 1:21 AM
From: United States, La Hermandad
I wonder why and who asked for the loan?
Written by: BASTA, 23 Apr 2009 7:17 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
We always need mo money
Written by: xwill7, 23 Apr 2009 9:35 AM
From: United States, Chicago
By the time all of these loans are complete, DR will have become every country's prison wife!!!
Written by: Bailarin This user is banned, 23 Apr 2009 10:42 AM
From: Dominican Republic
Leonel the butt puppett has already sold his country out to be everybodys nellie,.This time its a french kiss , the next time it will be Greek style .. Water sanitation ?? oh man , save it for the judge and the fish ... Where else do you think these bankers are finding all this money they've been pocketing while Im still carrying 5 gallon jugs OF AQUA on my shoulder when Im living on the island ? I hope theres more K-Y on the countrys shelves then there is room in the prisons Mr. President ? .... Gyros anyone ?
Written by: Gizmo This user is banned, 23 Apr 2009 12:22 PM
From: United States
How about giving that money to Haiti France.
Written by: Bailarin This user is banned, 23 Apr 2009 3:14 PM
From: Dominican Republic
Great idea Gizmo . thats how the Haitians took over the country the last time .....
Written by: poponlaburra, 23 Apr 2009 3:25 PM
From: United States, La Hermandad
xwill7, "By the time all of these loans are complete, DR will have become every country's prison wife!!!" Ja, ja,ja,aaah that's funny.
Off the topic, do you guys really believe every man in jail get rape of become homosexual? Or is that a man’s masochist fantasy?
Written by: Bailarin This user is banned, 23 Apr 2009 3:56 PM
From: Dominican Republic
Poponlaburra , why dont you tell us ?
Written by: MrThelmoAlmeydaRancier, 24 Apr 2009 10:50 PM
From: United States, NJ
This is a good start , Next step should be French know how to built and maintain atomic power plants in the entire Island Directly from them and by-pass those thieves politicians,that only take the money to invest in FL. Am all for the loan providing it is control by the lender as is the VA guarantee loans for ex soldiers vetran who seved their nation in the USA. I brought that about to show a guarantee loan by the French Gvt could be obtain on their condition for any amount of money by a private lender in France supervised by them as not to fall in the hands of the unscrupulous Dominican politicians. In fact all the iternational loans should be like that at low interest and 30 yeras like a mortgage loan. This way you keep the world bank as well as the imf out of bussiness and no commission or kick back.
Written by: poponlaburra, 25 Apr 2009 1:30 AM
From: United States, La Hermandad
bailarin,
How could I? That is why I asked the question. Women in general have strong will when it comes to celibacy, especially if the mother instinct kicks in. Don't you know that? Haven’t you observe that?
Written by: MrThelmoAlmeydaRancier, 25 Apr 2009 10:55 PM
From: United States, NJ
poponlaburra :
Please stick to the subject in question. What you are saying has nothing to do with what we are discussing . If you can not say anything inteligent ,don't opinionate for the sake of saying something. Thank you TTA
Written by: poponlaburra, 26 Apr 2009 2:05 AM
From: United States, La Hermandad
TTA (Tu Tanbien Animal).
Written by: MrThelmoAlmeydaRancier, 26 Apr 2009 2:58 PM
From: United States, NJ
popo-la-burra
el nombre te dice el popo de la burra
Written by: poponlaburra, 27 Apr 2009 3:50 AM
From: United States, La Hermandad

MrThelmoAlmeydaRancier,

Please stick to the subject in question. What you are saying has nothing to do with what we are discussing . If you can not say anything inteligent ,don't opinionate for the sake of saying something. Thank you, el mismo popo de tu madre. Mr.
Written by: MrThelmoAlmeydaRancier, 27 Apr 2009 8:18 AM
From: United States, NJ
poponlaburra:
I don't know you and don't want know ignoramas like you. In the first place i did not desrespect you as you are doing to me . How about leaving mothers out of this forum . #1 The way you express yourself i can tell you are a low life Dom Dominican ignorant #2 and on top of that one of those (guachupitas). That thinks you are educated because you can use a computer and were given the privilege to participate in this forum. If you can't use inteligent comments stay out of it..
In reference to MOTHERS you might know who she is but not too sure who your father is. By saying this if you don't understand it is beyond a BASTARD .
Written by: poponlaburra, 27 Apr 2009 11:37 AM
From: United States, La Hermandad
MrThelmoAlmeydaRancier,

Please stick to the subject in question. What you are saying has nothing to do with what we are discussing . If you can not say anything inteligent ,don't opinionate for the sake of saying something.
Thank you again, sincerly el mismisimo popo de tu madre. Mr.
Written by: agibus This user is banned, 27 Apr 2009 12:20 PM
From: United States
Talking for nothing.France did the same loan in Haiti and all the money go back to french pirates.What about the water ?Dont know.
Written by: MrThelmoAlmeydaRancier, 29 Aug 2009 11:31 AM
From: United States, NJ
agibus :
You can't compare Haiti to DR . Haiti has been occupied by the OAS and has not shown any-thing as far as prosperity .
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