The Chamber of Deputies approved the issuance of public debt securities for up to RD$401,767 million, an authorization requested for him Executive power to ensure the financing of the General State Budget corresponding to the year 2026 and support the continuity of the main items of public spending.
After the approval of the initiative, the deputies explained that the authorized amount will allow the State to complement the expected income and cover the fiscal deficit estimated at 3.2% of Gross Domestic Product (GDP), guaranteeing the program continuity social, works of infrastructureThere are essential public services contemplated in the 2026 Budget.
The pro-government legislators stressed that the placement of bonds does not represent additional debt to that already approved, but rather the execution of a financial scheme previously defined for the next fiscal year, in accordance with the budget law.
The regulations grant the State the legal framework to access financing in a planned and transparent manner, ensuring liquidity without resorting to extraordinary measures or abrupt adjustments.
The project authorizes the Ministry of Finance and Economy to issue bonds in both Dominican pesos and foreign currencyand place them in the local markets or international, depending on the conditions more favorable financialwhich allows optimizing costs and diversify the sources of financing.
Likewise, the law enables liability management operations, such as exchanges, repurchases or debt conversions, aimed at improving the maturity profilereduce payment pressures in the short term and mitigate exchange rate risks.
According to the legislatorsthese tools contribute to preserving macroeconomic stability, strengthen confidence of the investors and ensure the continuity of public spending without affecting economic growth. The initiative now go to the Seinedo, where it is expected to be known in the coming days.
