PLD claims Budget reduces capital investment and increases current spending

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Santo Domingo.- The Dominican Liberation Party (PLD) confirmed its rejection of the General State Budget Law project for the year 2026, considering that it increases current spending, reduces capital investment, and neglects urgent needs of workers, such as salary updates. PLD deputy Danilo Díaz described the budgetary proposal as a tool that is limited to managing the present and paying off past commitments, especially due to the high percentage of the budget allocated to public debt service, according to a note sent this Friday by his organization.

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He asserted that more than 25 pesos out of every 100 are committed to interest payments, which "significantly" reduces the State's capacity to invest in development and infrastructure. The legislator denounced that the projected capital investment in the budget is "very low" and is far from meeting the demands of the country's communities and productive sectors. The legislator warned that the Government has shown an inability to execute the allocated funds, including those from loans approved by the National Congress. "This budget once again leaves out workers who have seen their purchasing power deteriorate. Another opportunity is lost to do justice to those who sustain the functioning of the State," he expressed, referring to wage indexation. Díaz also criticized the growth of current spending, which, according to him, exceeds 16.2% of the gross domestic product (GDP), and which in his opinion reflects a management without control or fiscal discipline. He denounced the increase of more than RD$150 billion in the public payroll and the maintenance of high levels of spending on state advertising, elements that contradict any austerity discourse. "The PLD cannot support a Budget that continues to expand administrative spending, that does not contemplate a serious public investment plan and that ignores the just claim of public workers for the updating of their salaries," he stated.

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