The Presidency is holding its final meeting to discuss the 2015 National Budget at 10am today, Friday 26 September 2014. The budget is due to be sent to Congress no later than 1 October 2014.
Administrative Minister of the Presidency Jose Ramon Peralta says that most budget increases will be allocated to the Ministry of Education and to paying the country’s foreign debt, adding that assignments for most ministries will be kept at the same level.
“We have to comply with the 4% of the GDP for education and the growth of the economy means we have to add around RD$10 to 11 billion to the education budget for this year, because the GDP is up,” said Peralta. He added that the service of the debt was up another RD$20 billion.
Mayoría del presupuesto 2015 irá a educación y pago de deuda