The ruling party majority in the Chamber of Deputies voted in favor of approving an additional RD$10.6 billion in sovereign debt borrowing by the Abinader government. The Senate earlier had rushed through the extra borrowing.
The approved bill amends National Budget Law 90-24 and allows the Ministry of Hacienda and Economy to make a public debt placement of RD$350,990,390,000 or equivalent in foreign currency.
During the session, opposition deputy Alcibíades Tavárez (Fuerza del Pueblo – San Pedro de Macoris) said that the consolidated public debt of the public sector is now at US$72.7 billion (April 2025), or 60.2% of the GDP.
Opposition leaders said the government would use the funds to cover the deficit in the state health insurance plan, Senasa. Senasa’s finances are impacted by what has been disclosed as the biggest corruption scandal in the Abinader administration, with former general director Santiago Hazim changing the operation to favor private companies, that impacted the finances of the Senasa. Likewise, low quality inputs obliged Senasa to have to make multiple purchases.
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El Nuevo Diario
18 September 2025