That the bulging size of the Dominican government is working against the collective good is the conclusion of economist Miguel Collado Di Franco.
He shared findings of a recent study indicating that 40.2% of the Dominican population already depends on income provided either by a pension, subsidy or salary directly from the government.
The study reveals that the number of people dependent on the government has been increasing. Collado alerts this will require the government to take on more debt, a risk for the sustainability of public finances.
The analysis was carried out for the Regional Center for Sustainable Economic Strategies (CREES).
According to estimates made by the analyst, the number of people who depend monthly on public resources increased from 3.98 million in 2019 to 4.23 million in 2021. In percentage terms, this is from 38.4% to 40.2%.
The author exposes that high level government officers are making decisions to benefit current voters with money that future voters will pay.
Read more in Spanish:
Listin Diario
15 November 2021