Given the international panorama of inflation and the Russia-Ukraine conflict, the Government will play games to place the fiscal deficit by 3.1% of Gross Domestic Product (GDP) for the year 2023.
This figure is slightly higher than projected for this year, which was 3%. And in relation to tax pressure, the projection is 14.7% of GDP.
The data was provided by jochi vincentMinister of Finance, after the meeting of the Minister council which took place last night at the National Palace, where the guidelines for the 2023 General Budget.
Vicente recalled that, in terms of GDP, the initial projection of the budget for 2022 was 14.1%, but now the Government stimulates they project that it will be 14.7%a figure that will remain the same for 2023, as a result of administrative improvements and the growth of the economy.
“In absolute terms it grows, but in terms of percentage of GDP it remains the same,” specified the head of the Treasury.
Transport works and social aid will be a priority
At the meeting of Minister council each server was instructed to focus on budget priorities for the coming year.
And, although it did not cite specific amounts, the Council discussed the projections of expenses, income, deficit and indebtedness, and the priorities will be infrastructure in the transport sector, social programs, the reform of the National Police and subsidies for electricity and fuel. , which could be kept on the rise by the Russia-Ukraine war, explained Vicente.
The details of the General Budget of the National later before being presented to the Senate, in October of this year. The approved for this year is a trillion 214 thousand 606 million seven thousand 369 pesos (RD$ 1,214,606,007,369).
For the first time, President Luis Abinader held the Council of Ministers in the absence of the Minister of the Presidency, Lisandro Macarrulla, who requested a leave of absence from his post after his son, Lisandro José Macarrulla Martínez, was linked to the Medusa case. Macarrulla father himself also appears in the file as having agreed to a bribery scheme of 20% of the work. Regarding who could fill the vacancy of Lisandro Macarrulla, José Ignacio Paliza, administrative minister of the Presidency, expressed that he does not want to divert the subject of the meeting of the Council of Ministers.
