He Dominican government estimated at 401,767.8 million pesos financing needs gross in the bill of General State Budget (PGE) by 2026, deposited last Friday at the National Congress, and also contemplates an increase in the Capital expenditurewhich would amount to 215,284.7 million pesos.
The resources obtained by the Debt issuance They would go to cover the Fiscal deficitwhich would amount to 280,575.2 million pesos, equivalent to 3.2 % of the Gross Domestic Product (GDP) estimated for next year, plus financial applications, which include among other things, decrease in liabilities and acquisition of financial assets, for 121,192.5 million pesos.
Once the project is approved, the authorities of the Treasury and economy can place the values both in the local capital market and in the international.
According to the document, the authorities include allocating 324,257.1 million pesos for the interest payment and commissions of the public debt During the next year, which represents an increase of 25,770.7 million additional pesos in relation to 298,486.4 million budgeted for this year.
As for the Capital expenditureof the 215,284.7 million pesos that the central government intends to allocate next year, 30.5 %, equivalent to 65,675 million pesos, would be directed to constructions in process.
Financing projects
Among the projects that will have financing for 2026 are the first phase of the expansion and rehabilitation of the port of Manzanillo, with 1,375.5 million pesos; The expansion of line 2c of the Santo Domingo Metrowith 2,620 million; The Monorriel de Santiago, with 11,779.8 million and the second phase of the Revitalization Program of the Colonial City, with 875.6 million.
In addition, it stipulates resources for the medium and low voltage network improvement program and customer standardization, with 3,144 million pesos and the construction of the complementary works of the Monte Grande dam, for 980 million, among others projects and programs.
The multilateral organisms That they will finance the works and initiatives next year are: the Inter -American Development Bank (IDB), the Central American Economic Integration (BCIE), the development of Latin America and the Caribbean (CAF) and the French Development Agency, among others. In total, credits from these entities would amount to 44,491.2 million pesos.
Tax Expenditure
In the document, the Government contemplates ceasing to receive 393,541.5 million pesos for the Tax Expenditurean amount with which it could almost cover the need for financing of the 2026 budget project.
The income that the authorities project would not enter the coffers the incoming year represents an increase of 15,813.6 million pesos in relation to the 377,727.9 that re -stimmed by 2025, equivalent to a increase of 4.19 %.
Of the projected amount, 66.79 %, equivalent to 262,859.2 million pesos, is attributed to Exemptions and benefits about taxes indirect, while the remaining 33.21 %, representing 130,682.3 million, corresponds to direct taxes, the project requires.
He Tax Expenditure estimated would represent 4.54 % of GDP of 2026.
The project of law of budget It includes income from 1,342,258.2 million pesos and expenses for 1,622,833.4 million.
After being deposited on Friday night, the State General Budget bill for 2026 was scheduled in the list of projects that will be known today during the ordinary session of the Chamber of Deputies.
During the work meeting, the deputies must formally process the financial piece and send it to the analysis of a commission that, according to the regulations, will have a month to render a report on the proposal.
Although the piece has not yet been studied in depth in Congress, several congressmen of different parties recommended that the budgetary project subsane the investment in public works investment that, in his opinion, has persisted during the efforts of President Luis Abinader.
Congressmen Ramón Rogelio Genao (PRSC), Carlos de Pérez (Force of the People) and Danilo Díaz (PLD) yesterday said that the current budget must correct what they consider as a deficit in the execution of infrastructure projects, which have been widely demanded by the population.
In that sense, the three legislators agreed that the previous budgets focused their expenses on current matters such as payments of payrolls or reduction in the interests of the debt, thus leaving behind a greater investment in infrastructure.
“The government must invest more in rod and cement while analyzing how to reduce current spending,” said Senator Genao, ally to the ruling party.
