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January 2, 2023
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PRSC calls for serious and responsible discussion on the Public Trust Law

PRSC llama a discusión seria y responsable sobre la Ley de Fideicomiso Público

Santo Domingo. – The Social Christian Reformist Party (PRSC) considered necessary a serious and responsible discussion of the Public Trust Law that is adjusted to the economic reality of the country and the world, while supporting its figure and disqualifying those who criticize it.

The senator for La Vega and first vice president of the PRSC, Ramón Rogelio Genao, assured that those who say that according to the approved text, in the Public Trust Law, it will not be governed by Law 340 of Purchases and Contracts, are not adhering to the truth. Public.

“Of course, but with special conditions approved by regulation of the General Directorate of Public Procurement and Contracting (DGCCP),” said Genao.

The spokesperson for the PRSC in the Upper House also explained that the figure of the Public Trust is a magnificent tool to promote development projects and infrastructures around the world. Both by the Executive Branches, National and/or Federal Governments, as well as by Local Governments.

When mentioning the project that was approved by the Senate of the Republic, Genao highlighted that it was clearly and expressly established that Public Trusts will be governed by the principles of Law 340-06 and regulated in a particular way by the DGCCP, as governing body.

“Everything is a plan to prevent the current administration from developing large projects such as Pedernales and prevent the development of that area in the south of the country, as well as other important projects that will be developed with that figure. They only seek to damage politically, “he assured.

For the senator and senior reformist leader, what the critics want is to demonize the figure of the Public Trust or equate it with privatization, which in his opinion is political nonsense, irresponsible as well as anti-national that the people will know how to identify and reject.

According to the vegan reformist leader, in order to maintain economic growth, foreign investment, stability and above all average development throughout the territory, in today’s economic world, the figure of the Public Trust is essential and opposing it is irrational .

«Whoever has governed and even more who aspires to govern, must be clear that the trust, the Public Trusts will have to be present in development projects. Rejecting them is a fruitless exercise in pure demagogy,” Genao said.


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