CD approves project that creates another province; also loans

After several debates, the Chamber of Deputies urgently approved, with modifications and in second reading, the bill that seeks to create another province in the Dominican Republic and modifies the limits of the Santo Domingo province.

This is the Matías Ramón Mella province, a proposal by the Perremeista deputy Tonty Rutinel Domínguez, which in its first reading had 134 votes in favor, four against and one abstention. According to the legislative procedure, the piece will go to the Senate of the Republic for its ratification, and from there to the Executive Power.

In the bill of law, the territory comprising the municipalities of Santo Domingo Norte, Santo Domingo Oeste, Los Alcarrizos and Pedro Brand is segregated from the Santo Domingo province, so that from now on it constitutes the new Matías Ramón Mella province demarcation.

According to the piece, the limits of the Matías Ramón Mella province would be to the north, Monte Plata province; to the south, the National District and the Caribbean Sea; to the east, Ozama River; and to the west, San Cristóbal province. Meanwhile, the limits of the Santo Domingo province will be to the north, Monte Plata province; to the south, the Caribbean Sea; to the east, San Pedro de Macorís province; and to the west, the Ozama River. The head municipality of the referred demarcation will be Santo Domingo Oeste.

Loans approved for US$600 million

The Lower House also approved two loan contracts amounting to 600 million dollars, to be used in recognition of the measures fulfilled in the matrix of the program for the sustainability and efficiency of the electricity sector III as well as in the policy operations program developmental.

Both contracts were submitted by the Executive Power, one of them for an amount of 250 million dollars and the other for US $350 million. The first, signed on December 6, 2021 between the Dominican Republic and the Inter-American Development Bank (IDB), had 82 votes in favor, 49 against and seven abstentions. It is to be used in recognition of the measures fulfilled in the matrix of the program for the sustainability and efficiency of the electricity sector III.

The purpose of the loan is to provide budgetary liquidity to the Dominican government in recognition of the policy reforms implemented to promote the financial sustainability and operational efficiency of the electricity sector.

The PLD and FP parties staged the repudiation of the approval of these financings.

For development policy operations

The loan contract for 350 million dollars and which is to be used in the development policy operations program, was signed on August 9, 2021 between the Dominican Republic and the Central American Bank for Economic Integration (CABEI) and its amendment on December 16 of that same year. It had the support of 84 deputies, 18 against and 47 who abstained from casting their vote.

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