Ceara Hatton cites the need for a social pact in the DR and LAC region

Ceara Hatton cites the need for a social pact in the DR and LAC region

The Minister of Economy, Planning and Development, Miguel Ceara Hatton, considered that a change in power relations is urgently needed to finalize the social pact that guarantees the reforms and changes that are needed in the Dominican Republic and in Latin America and the Caribbean, which It has very unequal societies.

The minister spoke at the “EURSociAL high-level bi-regional dialogue of the European Union-Latin America and the Caribbean”, where he participated in the panel “New social pacts and just transition: Reforms and changes to relocate policies for social cohesion in key of green, digital and socioeconomic transition”.

“To think of a true fiscal reform and a pact, we have to change power relations, our societies are very unequal, and being so unequal, inequality is legitimizing a power relationship,” Ceara Hatton emphasized.

According to the economist and researcher, in the end, development becomes a question of power and not of rights, as it should be.

“What needs to be changed is that power relationship, and that is how they say in the Dominican Republic, where the sow twisted her tail, is the most difficult thing; but the basis for making a true pact is that power relations change and that citizen power truly exists”, concluded Ceara Hatton, who was widely applauded by the participants.

Minister Ceara Hatton highlighted that in 2021 the Dominican economy grew 12.3% compared to 2020 and 4.7% compared to 2019. He indicated that significant growth was achieved with a marked reduction in the fiscal deficit and this is explained by the fact that the present Government when he took office he changed the profile of legitimacy in the Dominican Republic.

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