On Friday, 18 August 2023, the Abinader cabinet met to review the prospects for 2023. According to Presidency Minister Joel Santos and Administrative Minister of the Presidency Jose Ignacio Paliza, the Dominican economy will grow by some 3% to 4% in 2023.
The ministers that spoke to the press after the cabinet meeting said that President Luis Abinader told the cabinet that his work will focus on gaining the confidence of the economic sectors to ensure that the second half of the year surpasses the performance of the first half.
Among the issues that the government has to show for itself is the control of inflation, a great year for tourism and the improvement of the country risk assessment grade among important international agencies such as Moody’s and Standard & Poor. This last point is essential for international loans, bond issues and long-term financing of major projects.
One point that was emphasized in the meeting was the penalization of the use of public funds for any political proselytizing either in the primaries in 2023 or leading to the general election in 2024.
Read more in Spanish:
El Caribe
21 August 2023