President Abinader’s Administration Sets 3.1% GDP Deficit in DR 2025 Budget

INSUBCONTINENT EXCLUSIVE:
The Dominican Republic has unveiled its budget for 2025, setting a new financial course for the nation
economic management in the coming year
Vicente stated that the budget will be submitted to the National Congress by October 1st, meeting the legal deadline.The plan includes a
deficit of 3.1% of the Gross Domestic Product (GDP)
This approach aims to support growth while maintaining financial stability.The budget aligns with the recently approved Fiscal
Responsibility Law
debt to 40% of GDP by 2035
Administration Sets 3.1% GDP Deficit in DR 2025 Budget
(Photo Internet reproduction)The government has set aside 83 billion pesos ($1.38 billion) for electricity subsidies and 10 billion pesos
($167 million) for fuel subsidies
These funds aim to support essential services for citizens.A Focus on Infrastructure DevelopmentInfrastructure projects also feature
prominently in the budget
The Santiago Monorail project will receive 24 billion pesos ($400 million) for completion
Ministers meeting to discuss it
Their involvement highlights the importance of this financial plan.The 2025 budget reflects a careful approach to national finances
It aims to support development while ensuring long-term economic health.As the Dominican Republic moves forward, this budget will play a key