The growing size of government in the Dominican Republic, as hundreds of thousands seek the well-paying jobs, coincides with the declining funds available in the National Budget for capital investments.
Economist Jaime Aristy Escuder writes in an opinion piece in Diario Libre about how the historic declining trend of capital investments has increased significantly in the Abinader administration.
He cites data shared by fellow economist Andy Dauhajre that indicates that capital expenditure has declined to a recent low of 2.5% of GDP, reflecting the continued subsidies for electricity and fuel subsidies. This is down from Trujillo’s 8.5%, Joaquin Balaguer’s 6%, Hipolito Mejia’s 5%, Leonel Fernandez’s 4% and Danilo Medina’s 3.8%.
Aristy Escuder says that the low capital investment in the Abinader administration is attributed to the economic fallout from the COVID-19 pandemic and significant subsidies for the electricity and fuel sectors.
Read more in Spanish:
Diario Libre
Diario Libre
23 May 2025