The Finance Minister, Fausto Herrera, said yesterday that the government currently has identified 22 sources of financing, which will settle the requirement of the country for 2015, which is of $ 8,806.8 million.
The government expects to get about $ 7,200 billion in foreign debt. The largest item will come from “friendly governments,” by $ 3.522 million, said Herrera.
He also noted that financial resources for $ 1.869 million could come to the country from the private sector. The Minister said that the country has open credit lines with the largest private banks in the world.
Neither a new bond is discarded and funds from multilateral agencies for $ 1.807 million may be received.
Herrera said that the total debt could reach in 2015 an amount of 30% to 30.5% of the GDP, which is the highest since 2006, but it does not reach the debt ceiling allowed by the Constitution which is 40% .
