SANTO DOMINGO.- The pension fund administrators explained that the performance of savers remains unaffected and explained that investments in dollars, as in the past, are reflected at the exchange rate, but that they are not negative, with which contradicts a complaint that hours before had been made by deputy Pedro Botello.
The legislator and spokesman for the Social Christian Reformist Party denounced in the chamber that the AFPs once again subtracted funds from savers in August, both interest and capital.
“What happened in the past was sufficiently explained and it was not about any subtraction, but that the investments in dollars reflected the revaluation of the Dominican peso, but the savings in dollars were maintained with their performance. So that statement does not correspond to reality before or now, “explained an official from one of the main AFPs.
About the budget
The PRSC was equally opposed to transferring education funds to other purposes and pointed out that, instead, what the government should do is make spending in the sector more efficient.
Botello made reference to numeral ten of article three of the Constitution, which establishes that the investment of the State in education, science and technology, must be growing and sustained in correspondence with macroeconomic growth and that in no case may transfer of funds consigned to finance the areas of development, science and technology.
“Apparently the president’s advisers did not inform him that it was not possible to appropriate education funds and more so when it is a single social cry, parents having been left without school space when it is a duty of the State to guarantee education.”
Botello said that far from appropriating these funds, what the state should do is make them more efficient through the ministry of education.
In what has to do with the loan folder, set the position when appropriate or when not appropriate. Opposition that we lend it because they compromise national sovereignty.
