Abinader says his budgets until 2028 are projected without a tax reform

President Luis Abinader affirmed this Wednesday that he has no tax reform in process, and that he has conceived the multi-year budgets until 2028, without considering a reform.

“There are many sectors talking about a reform, it would be good if they make those proposals and that a truly national discussion on that issue is held,” said President Abinader at a lunch with the Corripio Group.

“We have no discussion at this time,” the president emphasized.

Abinader expressed confidence that he will be able to fulfill his Government programs without a tax reform until 2028.

Likewise, he highlighted that recently the credit rating agency, Moody’s Ratings, improved the credit rating of the Dominican Republic, raising it from “Ba3+” to “Ba2” with a stable outlook, which highlights the macroeconomic strength of the country, its sustained growth and significant advances in institutional matters.

However, the Minister of Finance and Economy, Magín Díaz, recently held a meeting with directors of the National Organization of Commercial Enterprises (ONEC), reaffirming his commitment to open management and based on permanent dialogue with the productive sectors.

In the meeting, key issues for strengthening the country’s fiscal and financial system were addressed, as well as the main needs of the sector.