En el día de hoy la calificadora de riesgos @FitchRatings ha destacado en un informe especial que las reformas iniciadas por el presidente @luisabinader han empezado a dar resultados reduciendo la deuda frente a los Generadores y las necesidades de transferencias al sector pic.twitter.com/R17nK6X0O2
— andres astacio (@andresastacio79) January 25, 2022
SPECIAL REPORT
Dominican Republic’s Electricity Reforms Lower Government External Financing Needs
Tue 25 Jan, 2022 - 5:12 p. m. ET
Reforms Cut Public Electric Utility LossesDominican Republic (BB-/Stable) has begun to show clear evidence that reforms to cut long-running financial losses of the public electric utilities are bearing fruit, tackling one of the drivers of the rise of government debt/GDP in recent years. In 2020-2021, the government reduced the operational deficits of the state-owned electricity distributors and cut the US dollar-denominated domestic debt amortizations of the electric utilities. It also completed the construction of a coal-fired power plant that experienced cost overruns, and laid the groundwork to tender out the financial management and investment responsibility of the electricity generation and distribution assets where the state is the sole proprietor to private firms through long-term concessions. Fitch Ratings expects the amortizations of domestic public electric utility debts owed to generators to decline to an average of 0.1% of GDP a year in 2021-2023, down from an average of 1.3% a year in 2018-2020, reducing the need for government transfers. The Ministry of Energy and Mines sees the public electricity distributors’ financial deficit/GDP (a source of budget overruns in the past) on track to narrow further to 0.9% in 2021 from 1.1% in 2020 and 1.4% in 2019, according to government electricity statistics.
https://www.fitchratings.com/research/sovereigns/dominican-republics-electricity-reforms-lower-government-external-financing-needs-25-01-2022
.@andresastacio79 En el día de hoy la calificadora de riesgos @FitchRatings ha destacado en un informe especial que las reformas iniciadas por el presidente @luisabinader han empezado a dar resultados reduciendo la deuda frente a los Generadores y las necesidades de transferencias al sector
.@andresastacio79 fitchratings.com/research/sover este resultado es prueba de que la visión y las iniciativas del jefe del Estado encaminan el país a una solución sostenible de este problema histórico,
.@andresastacio79 agradezco al equipo de @EdeesteRD @EdenorteRD y @EdesurRD por el esfuerzo y compromiso, en especial a mis colegas @andrescueto01 y @MiltonMorrison así como a los miembros del Consejo de Administración de nuestras empresas, el camino es largo pero #EstamosCambiando
.@andresastacio79 @HomeroFigueroaG @lmacarrulla1 @AntonioAlmont2 @jochivicente
