2018News

2019 National Budget gets positive vote of legislators

Photo: El Caribe

The PLD majority in the Chamber of Deputies again exercised its legislative power and passed the 2019 National Budget as received and with the amendments sent by the Presidency. The budget had been passed already in the Senate. It now returns to the Presidency for signing into law.

The 2019 National Budget is set at RD$921.8 billion. The bill passed with 122 votes in favor and 43 against, namely the members of the largest opposition party, the PRM. The opposition primarily criticized significant public borrowing.

The Chamber of Deputies also approved a bill that authorizes the government commercial bank, BanReservas, to lend to city governments that had not made provisions for the payment of the 13th wage to their employees.

Read more in Spanish:
El Caribe

13 December 2018