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March 26, 2022
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Non-financial assets of the Central Government exceed one trillion

Non-financial assets of the Central Government exceed one trillion

The Dominican Central Government had more than one trillion pesos in non-financial assets at the end of 2021, a figure that the Ministry of Finance establishes as preliminary and subject to purging since a process of surveying and updating the assets owned is underway. plant and equipment owned by the Dominican State.

In the Net non-financial assets account, the assets with the highest value at the end of 2021 were constructions and improvements, followed by machinery and equipment.

In total, the net property, plant and equipment registered in the financial statements of the Central Government as of December 31, 2021 totaled 1,049,592,232,566 pesos, an amount that represents 37,707,839,146 pesos more than in 2020.

The figures are contained in the report “State of income collection and investment, fiscal closure 2021”, prepared by the General Directorate of Government Accounting of the Ministry of Finance, and sent by the Executive Branch to the National Congress on March 16.

Net property, plant and equipment of the Central Government

Less: Accumulated depreciation of fixed assets (47,927,258,699) (36,882,728,729)
TOTAL PROPERTY, PLANT AND EQUIPMENT NET 1,049,592,232,566 1,011,884,393,420

“Currently we are in the process of surveying and/or updating the property, plant and equipment assets owned by the Dominican State, therefore, the information presented in this note is preliminary figures subject to debugging,” the document explains. of 282 pages.

It is also indicated that a tripartite inter-institutional agreement was signed between the General Directorate of Government Accounting, the General Directorate of National Cadastre and the General Directorate of National Assets, in order to survey, value and register the assets of the Dominican State that, at the On the closing date (December 31, 2021), 2,305 properties (real estate) corresponding to the Ministries of Education, Defense, Interior and Police, and Public Health had been surveyed and appraised, whose value amounts to 47,329.6 million pesos.

It is added that, in order for the institutions to commit to purging their financial information, the General Directorate of Government Accounting (Digecog) has signed 24 inter-institutional collaboration agreements, with the same number of institutions, establishing the actions in conjunction with the financial areas, to show the economic and financial reality.

Also that, as a result of this accounting purification process, 37 educational establishments of the Ministry of Education were reclassified, distributed in the different municipalities of the national territory for a value ascending to 3,363.9 million pesos,

Likewise, the investment made by the Presidential Commission to Support Provincial Development was recorded for the execution of the project to improve the areas of the Plaza de la Cultura (museums and Plaza de la Cultura) as well as the renovation of the Manuel Rueda de the Plaza Iberoamericana, in the National District, amounting to 917.6 million pesos.

Regarding intangible assets, which correspond to packages and computer programs, costs of studies and projects, and others, by 2021 they represented a reduction of 151.9 million pesos compared to 2020.

Computer packages and programs were the most valuable, followed by computer and intellectual, industrial and commercial licenses; and in third place studies and projects.

intangible assets

Economics editor and professor of journalism. She has specialized in investigative, multimedia and data journalism.

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