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2018 National Budget is 10.3% more than that of 2017

The council of ministers of the Medina administration agreed upon the 2018 National Budget during a meeting held on Monday, 25 September 2017 at the Presidential Palace. The National Budget will be RD$814.82 billion that is RD$64,479 million more than the 2017 National Budget. This includes RD$684 billion in public spending. The budget is expected to pass in congress where the ruling PLD party is majority.

Hacienda Minister Donald Guerrero said that the budget will continue major education and public health social programs and seeks to stimulate the economy with an emphasis on small business and projects with high social yield. The National Budget will be submitted no later than Friday, 29 September to the National Congress.

National Budget director Luis Reyes said that the public health sector is allocated RD$77 billion in addition to the RD$11 billion assigned to the Presidency Office of Supervisory Engineers of Public Works (OISOE) for the remodeling of public hospitals. Public education will receive RD$152 billion.

The government announced new social programs will be introduced in 2018: “Quisqueya Digna”, “Ciudad Mujer” and Programa Agroforestal.

Source: DR1, Listindiario

Sep 26, 2017

Category: DR News |

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Last updated December 17, 2017 at 1:23 AM
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