The new reformulated budget proposal deposited by the Executive Power before the legislative secretariat of the Chamber of Deputies, proposes an increase in spending appropriations for an amount of one hundred seventeen thousand one hundred eleven million eight hundred twenty-two thousand four hundred twenty-seven Dominican pesos (RD$117,111,822,427).
And it is that according to the document sent last Wednesday, these funds will be allocated to nine institutions, including the Presidency of the Republic, which will register an increase of 16,889,783,049while the Ministry of Public Health and Social Assistance of 8,757,949,516.
Government will not take money away from Education
Similarly, the Ministry of Agriculture will have an increase in 3,967,106,100; the Ministry of Industry, Commerce and Mipymes (MICM) of 43,273,793,667; Ministry of Environment and Natural Resources 4,992,864,227; Ministry of Higher Education Science and Technology 173,319,667; Ministry of Economy, Planning and Development 1,467,370,842; Central Electoral Board 850,000,000 and the National Treasury Obligations Administration 36,739,635,359.
As long as the entities that will have a decrease are: the Administration of Public Debt and Financial Assets, which will be reduced 10,750,000,000 and the National Treasury Obligations Administration, which will take 9,325,870,081.
Government fiscal deficit is RD$32,093 million
It is recalled that on Thursday the president of the Lower House, Alfredo Pacheco, said hope that the piece is known next Tuesday after being evaluated by the commission in charge.
“Me I value the attitude of the Executive Power to take into account the opinions, not only of the opposition parties, but of many independents, who understood that the budget should not be approved in this way (decrease 4 percent for Education).”, he told members of the press.
He added: “From now on, I think that the obstacles have disappeared so that we can faithfully approve it by the Chamber of Deputies.”
Here is the full addendum:
