Santo Domingo.– Ministers
José Ignacio Paliza, of the Presidency;
Magín Díaz, of Finance and Economy; and
Eduardo Sanz Lovatón, of Industry, Commerce and Mipymes, met this Wednesday with representatives of the National Council of Private Enterprise (
CONEP) to analyze the national economic situation and its relationship with the global geopolitical crisis, especially the effects of the crisis in the Middle East on the Dominican economy.
The meeting, which took place during the CONEP’s
Ordinary General Assembly, allowed the ministers to exchange views with Celso Juan Marranzini and César Dargam, president and executive vice president of CONEP, respectively, along with other business leaders. The objective was to discuss the measures implemented by the Government to mitigate the possible impacts of the international situation.
Paliza highlighted that, in the face of the crisis in
the Middle East, the Government has maintained a constant dialogue with various sectors, including political, business, social, religious, and union. This effort seeks to socialize the actions taken to ensure economic growth, social stability, and the well-being of the population.
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We want to maintain an open and continuous public and private conversation, so that any sector can express its concerns and contribute solutions that allow us to maintain the stability and competitiveness of the country,” Paliza affirmed.
For his part, the president of CONEP, Celso Marranzini, underscored the importance of these spaces for dialogue, indicating that they are crucial for strengthening economic planning in the face of the global situation. Marranzini stressed that the measures should focus on ensuring the supply of fuels, maintaining price stability, and protecting the basic basket, which is achieved through policies that promote economic dynamism, the strengthening of private investment, and the targeting of subsidies.
César Dargam, executive vice president of CONEP, highlighted that, despite international uncertainties,
Dominican Republic has managed to maintain its economic stability. Thanks to constant monitoring and collaboration between the public and private sectors, the country has avoided supply problems and significant price increases.
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We recognize the government’s transparency and responsibility in managing this crisis, which has allowed us to preserve an environment of trust and stability in the country,” Dargam expressed.
Among the measures taken by the Government to mitigate the effects of the international crisis, the subsidy of
RD$1,143.9 million is included to keep fuel prices frozen, as well as
RD$1,000 million allocated to the subsidy of fertilizers, to counteract increases of up to
40 % in these inputs. In addition, the Government maintains solid macroeconomic fundamentals, backed by international reserves close to
US$16,000 million and adequate access to financing.
This meeting is part of the multisectoral consultations promoted by President Luis Abinader, with the aim of strengthening dialogue and building consensus in response to the complex international environment.
Julio Virgilio Brache, first vice president of CONEP and president of the Association of Industries of the Dominican Republic (AIRD), also participated in the meeting; Leonardo Matos, secretary of CONEP; Christopher Paniagua, treasurer and executive of Banco Popular; and other prominent members of the business sector.
