DR1 Daily News - Dominican Republic

The Dominican National Congress approved nine loan agreements requested by the administration of President Luis Abinader throughout 2025, authorizing more than US$1.43 billion in new sovereign debt, Diario Libre reported in a recap of the allocation of the funds.

According to contracts reviewed by both legislative chambers, the funds are earmarked for budget support, public health, sanitation, electrical energy, potable water, road infrastructure, transportation, environmental projects, and the strengthening of the agricultural sector.

While the ruling Modern Revolutionary Party (PRM) leveraged its congressional majority to ratify the agreements without procedural obstacles, the measures faced uniform rejection from opposition legislators. Dissenting lawmakers argued that the tangible results of the government’s borrowing strategy remain unseen.

Some of these financing...