Minister says the Labor Code will be approved and then the social security reform

The Minister of Labor, Eddy Olivares Ortega, said that the Labor Code will be approved and then the Social Security reform in the Dominican Republic, within the framework of the XVIII Ibero-American Congress of Social Security (OISS), held in Asunción, Paraguay.

Olivares Ortega explained that in the current legislature the reform of the Labor Code will be approved, a fundamental step to adapt labor relations to the challenges of the 21st century. A long-awaited and necessary national aspiration to strengthen the protection of workers, guarantee the sustainability of the system and raise the quality of services received by citizens.

"The President of the Dominican Republic, Luis Abinader, will promote, within the tripartite framework and with the broadest social consensus, a social security reform that is fair and reliable for all, especially for workers," stated the Minister of Labor.

In the event, the Ministry of Labor of the Dominican Republic received recognition for its performance at the head of the Ibero-American Social Security Organization (OISS) during the COVID-19 pandemic.

The distinction was received by the Minister of Labor, Eddy Olivares Ortega, who highlighted that, in a period marked by unprecedented challenges and opportunities for social innovation, having represented the Dominican Republic has been an experience that permanently honors the country.

The official valued that, in its seventy years of existence, the OISS has been a technical guide, a bridge for dialogue, and a driving force for reforms that have elevated the social protection of millions of people.

"The IOSS has known how to evolve, adapt and anticipate changes, always faithful to the mission of contributing to more inclusive, sustainable and supportive social security systems," he affirmed.

The minister also highlighted that this congress, dedicated to the future prospects of social security, confirms that Latin America is looking ahead. He explained that the challenges of demographic aging, the transformations of the labor market, digitalization, and protection against new emerging risks require thinking boldly, planning rigorously, and acting responsibly.

Finally, Olivares pointed out that the recognition received does not only constitute a personal or institutional honor, but also a reminder of the commitment made to Latin America and the responsibility to continue working, from each country and each space for dialogue, for more just, efficient and humane social security systems.

From its mud, Gina Magnolia Riaño Barón, Secretary General of the OISS, thanked Minister Olivares for the support and collaboration provided to the entity, especially during the approval of the Ibero-American Charter, a historic document that invited countries to renew their social pact and place social protection at the center of their public policies, as an axis of development and social cohesion.

In the spotlight

  • aplicacion - banner 300px

  • banner altices 300x250 junio 2025

Explore more

Banco Promerica RD signs UN Principles for Responsible Banking

Banco Promerica República Dominicana becomes an official signatory of the United Nations Principles for Responsible Banking, a global framework to drive a sustainable banking industry, developed in collaboration with banks around the world and the United Nations Environment Programme Finance Initiative (UNEP FI). This commitment reflects Banco Promerica República Dominicana's determination to align its business […]

Dominican banks preserve financial strength and anticipate greater credit dynamism in 2026

The Dominican banking system closed 2025 showing high levels of solidity, stability, and resilience, despite an international environment marked by high economic and geopolitical uncertainty, according to a sector analysis by the Association of Multiple Banks of the Dominican Republic (ABA). The ABA highlighted that, during the past year, multiple banks maintained high liquidity indicators, […]

Promipyme's credit portfolio has expanded by 30.6% in the last two years

PROMIPYME reported that it closed the 2024–2025 period with an expansion of its credit portfolio of 30.6%, reaching a historical balance of RD$11,248 million, in a context marked by restrictive monetary policies and the rising cost of private financing. According to an institutional report presented this week, the entity channeled RD$14.874 million in direct financing […]

New shipwreck in Panama leaves migrants dead on Caribbean routes

A new shipwreck, which occurred in the Caribbean waters of Panama, once again claimed the lives of migrants who were trying to return to their countries of origin by sea, amid adverse weather conditions and increasingly risky routes. The events were recorded this Tuesday, February 10, in the Guna Yala Region, one of the main […]

Suspect arrested in kidnapping of Savannah Guthrie's mother in Arizona

Arizona.- The Pima County Sheriff's Department, with the support of the Federal Bureau of Investigation (FBI), detained an individual for questioning in connection with the kidnapping of Nancy Guthrie, mother of Today show host Savannah Guthrie, authorities told ABC News. According to a police source, the man was detained in an area south of the […]

Netanyahu begins a visit to the U.S., addressing regional issues with Trump's advisors

Washington.- Israeli Prime Minister Benjamin Netanyahu arrived in Washington on Tuesday for a new official visit to U.S. President Donald Trump, and began the agenda with a meeting with special envoys for Middle East issues. During the meeting, the prime minister and envoys Steve Witkoff and Jared Kushner addressed various regional issues of common interest, […]