2019News

Government begins paying Christmas wages on 5 December

The National Treasury (Ministry of Hacienda) announced the first payments for the 2019 “Christmas salary” will be disbursed on Thursday, 5 December. The government will be making RD$19.9 billion in payments for the “13th salary” this month. The total does not include the amounts allocated to the decentralized government entities and the municipal entities. By …
2019News

Colombia and DR to promote joint business and investment

The Ministry of Foreign Relations announced the signing of a memorandum of understanding for the establishment of a Joint Colombia and Dominican Republic Council for Trade, Investment and Productive Linkages. Foreign Minister Miguel Vargas Maldonado signed the agreement with Colombia’s Trade, Industry and Tourism Minister Jose Manuel Restrepo. The new bi-national entity seeks to identify …
2019News

Government garners sufficient votes to pass the supplementary budget

The Chamber of Deputies signed into law the draft amendment to this year’s budget submitted by the Executive Branch. In presenting the supplementary budget, the Executive Branch had argued that revenues are down RD$15 billion and expenses have increased by nearly RD$10 billion. The additional budget complements the RD$121.81 billion of the original National Budget. …