The Minister of Industry and Commerce, Victor “Ito” Bisonósaid today that part of the stability that the Dominican economy reflects is due to the subsidy program implemented by the president Luis Abinader.
“It can be said that part of the success of stability in the Dominican economy is due to the subsidy program that President Luis Abinader has allocated for the entire economy,” he said.
He added that the subsidy transfers hydrocarbons and that this directly reaches sectors that affect the production of bread, meat proteins, among others.
“(…) It transfers the hydrocarbons. We have been subsidizing corn for meat proteins, we have been subsidizing bread, and we continue to subsidize the flour with which bread is made. bread of water and sobao (…) The same happens with transportation, which also has a special subsidy apart from hydrocarbons, and there is a budget of 20 billion in the year to maintain that stability that is affecting all production,” said Bisonó.
You could read: PRM would ratify approval of the Penal Code without the grounds
Approached by journalists, “Ito” Rookie He also stated that the fuel subsidy every Friday reaches industries and the electricity sector.
“When hydrocarbons are subsidized every Friday, it also goes to power plants, to industries that for some reason the boilers use fuel,” he said.
He also assured that the Dominican population can be calm in relation to the management of subsidies to keep the economy stable.
“The population can be calmwhich, just as we have prevented last year through 36 billion pesos that were paid weekly to importers and to the refinery itself, there is peace of mind in the economy based on that”, he pointed out.
