The Executive Branch signed into law the National Budget (Law 527-14) for next year on 12 November 2014, as revealed on the Presidential Legal Advisor’s website yesterday, Wednesday 19 November 2014. This amounts to RD$529,316,065,590. Current expenditure for RD$480,395,842,876 was approved, while the capital expenditure approved is RD$78,920,222,714. Article 3 of Law 527-14 indicates: A financial deficit of RD$73,802,633,460 is approved for the Central Government budget corresponding to fiscal exercise 2015.
The annual budget will come into effect on 1 January 2015.