DR1 Daily News - Dominican Republic

DR1.com is the leading English news source in the Dominican Republic for over 30 years.

Showing articles from the past 7 days. To read past articles, visit our DR1.com Daily News Forum.

News · Click here for DR1 Travel News

Economist Miguel Collado Di Franco is calling for a rigorous overhaul of government spending, arguing that the Dominican Republic’s ruling political class must lead by example as international geopolitical crises strain the national economy. Speaking on the news program El Despertador on 15 April 2026, Collado Di Franco criticized the current administration’s handling of global volatility, warning that the country lacks a concrete roadmap to mitigate external shocks.

The fiscal deficit threatCollado Di Franco raised the alarm regarding the widening fiscal gap. While the National Budget was initially structured around a 3.4% deficit, he warned that current spending levels could push that figure past 4%, reaching as high as 5% of GDP in an adverse scenario.

Since the beginning of the year, the economist has proposed a minimum 5% reduction in state spending to stabilize public...

To read past articles, visit our DR1.com Daily News Forum.