Spanish
Santo Domingo.- The People's Force Party strongly questioned the government's intention to finance the 2026 Budget through new loans of RD$400,000 million and an increase in the deficit of RD$39,000 million, while, according to the party, it refuses to allocate RD$17,000 million to alleviate the impact of inflation on citizens who earn less than RD$52,000 per month.
With banners in hand, led by deputy José David Báez, they maintained that the salary indexation contemplated in the Tax Code remains frozen due to decisions by the Executive branch and that its application would allow 764,000 workers to receive direct relief in their disposable income to cover essential expenses such as food, medicine, housing, education, and electricity.You may be interested in: Fuerza del Pueblo for the province of La Altagracia
The legislator criticized that, despite the fact that the Government has resources to finance the electricity distributors, it does not prioritize policies that, in his opinion, would immediately benefit the most vulnerable households. In that regard, they asked to eliminate article 45 of the Budget project, which keeps the exemption threshold frozen.“For God's sake, give people a break. It is not possible that RD$400,000 million are sought in loans and that RD$17,000 million do not appear to alleviate 764,000 Dominicans affected by inflation. Listen to the people and support wage indexation,” he exclaimed.
The deputy urged Congress to correct the project, respect the spirit of the Tax Code of 1992, and “pay attention to the people” amid the social climate generated by the Cobra case. The Chamber of Deputies focused this Thursday on discussing the General State Budget Law project for the year 2026 and approved it in first discussion, leaving out salary indexation. In addition to the Green Party, the deputy of the Dominican Liberation Party (PLD), Charlie Mariotti Paz, also presented another suggestion to comply with the provisions of the Tax Code.These proposals were rejected in their entirety by the mechanical and qualified majority of the ruling party.
The 2026 Budget amounts to RD$1 trillion 744 billion, equivalent to 20.1% of GDP. One of the central axes of the proposal is the boost to public investment, which will reach 2.5% of GDP. In this sense, the capital expenditure projected for 2026 would be RD$7,354.6 million higher than the reformulated 2025 budget, and RD$39,000 million more in relation to the initial 2025 budget.
