The Presidency’s administrative minister, José Ignacio Paliza, said the debt burden is only appropriate when the country needs it.
The minister was referring to the placement of government debt securities in excess of RD $ 291,000 million, as approved by the Senate in two consecutive readings yesterday Monday.
“It’s a policy where the Dominican government … doesn’t like debt, Debt is right when the country needs it and now we need itsaid the minister.
Beating felt that the previous government sometimes went into unnecessary debt.
“The past trends of previous governments was to get into debt when the country didn’t need it when we were even growing above the Latin American and world average, there they were giving us even more debt than they couldn’t” , he said.
He said the government resorted to this source so that the health sector will have the necessary resources next year.
“Today, unfortunately, we need to use those tools to help the country march and ensure that sensitive areas, such as health, have the resources for next year to face the coming challenge,” he explained.
He assured that these financing instruments were used for that purpose and that it is a bond placement that will accompany the entire year, the following financial year. “It is clear that it is not specific funding, but a forecast for next yearHero.
He stressed that it is not to the liking of the new government to go into debt.
“We don’t like it, it’s not a policy the current Dominican government identifies with, but we need to move forward in this crisis to correct the evil that has been on the table for years and the erroneous practices of a disorganized government that it wants to make mistakes. recover ”, he concluded.