DR1 Daily News - Dominican Republic

Recovering from a mild bout of Covid-19, the Modern Revolutionary Party (PRM) presidential candidate presented his plans to stimulate the economy if elected on 5 July 2020. Luis Abinader is ahead to win the election, according to leading polls.

Still awaiting his second negative test for Covid-19, Abinader participated in the Grupo Corripio talk with presidential candidates.

He said the country would have to take on loans to boost the economy. “The country should not have taken on debt when the economy was growing. But now that we are in a crisis, we will have to,” he said. He said he will receive a country with a US$3 billion debt after the fall in hard currency from tourism, remittances, free zone export zones. He expects fiscal incentives will help kickstart the private sector. He said construction will be given priority and farming. He said...