The Minister of Finance, Magín Díaz, held a meeting this Friday morning with the deputies who make up the special commission designated to study the complementary budget project for the year 2025 submitted by the Executive Branch.
The meeting is attended by the president of the Chamber of Deputies, Alfredo Pacheco, who leads the work.
The initiative seeks to reallocate resources with the purpose of boosting the economy through increased investments in infrastructure, health, transportation, and other strategic sectors, which will imply an increase in capital expenditure and a projected fiscal deficit of 3.47% of GDP for the year 2025.
It is recalled that the lawmakers began the study round regarding this project on Thursday morning.
The initiative proposes the application of a countercyclical fiscal policy, aimed at mitigating the effects of the international situation and protecting the dynamism of the national economy, through an increase in capital expenditure, prioritizing public investment as a driver to boost economic activity and promote sustainable growth.
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In total, the estimated revenues for 2025 amount to RD$1,277,364.7 million, equivalent to 16.0% of the projected gross domestic product (GDP).
In terms of expenses, a net increase of RD$69,740.2 million (4.7% more than initially approved) is proposed, with a 20% expansion in capital expenditure, equivalent to RD$35,548.25 million, i.e., 0.4% of GDP.
