SANTO DOMINGO.- The Dominican Government's Council of Ministers approved last night, Monday, the budget policy that will govern for the next year, 2027, which, according to the Presidency, emphasizes the strengthening of human capital, the development of physical capital, the increase in productivity and the strengthening of institutions, preserving social priorities and public investment.
President Luis Abinader and Vice President Raquel Peña led the fifty-ninth meeting of the Council of Ministers, in which the Annual Budget Policy for the year 2027 was approved, in compliance with the provisions of the Organic Budget Law.
At the conclusion of the session, the Minister of the Presidency, José Ignacio Paliza, presented the main guidelines of the spending policy, in his capacity as technical secretary of the Government Council.
The 2027 Budget Policy organizes public spending around the strategic objectives of Meta RD 2036, with an emphasis on strengthening human capital, developing physical capital, increasing productivity and strengthening institutions, while preserving social priorities and public investment.
According to Minister Paliza, the spending policy reaffirms the Government's commitment to responsible management of public resources, concentrating investments in projects that generate the greatest impact on the well-being of the population and the sustainable development of the country.
“The 2027 Budget Policy reflects a long-term vision. Every peso of the budget will be directed toward accelerating the country's transformation, strengthening human capital, expanding opportunities for the people, and developing the infrastructure demanded by the Dominican Republic's economic growth,” Paliza stated.
In the area of education, the Government will maintain the allocation equivalent to 4.05% of the gross domestic product (GDP) to the education system. Furthermore, it will continue to promote the Horizon 2034 Plan, aimed at increasing the effective years of learning, along with the construction and expansion of school facilities, new classrooms, and the expansion of the National School Transportation Program.
In the area of health and social protection, the budget policy includes the continuation and completion of strategic hospitals, the strengthening of Primary Care Units, the expansion of the National Emergency Network and the continuation of social programs aimed at protecting the population against external shocks.
Infrastructure investment will continue to be one of the main focuses of the 2027 budget, with resources allocated to the development of highways and integrated transport systems in major urban and interurban centers, the construction of aqueducts and sanitation systems, as well as the continuation of the national program for housing improvement.
Likewise, the budget will strengthen productivity and institutional capacity by allocating more resources to the Judiciary to consolidate legal security, in addition to continuing investments aimed at strengthening citizen and border security, including the construction of the smart perimeter fence and new correctional centers.
Paliza emphasized that these priorities are part of a long-term strategic plan, aligned with the national development vision.
“We are building a budget that not only responds to the needs of the present, but also prepares the Dominican Republic to achieve the development goals we have set for ourselves by 2036, with investments that strengthen competitiveness, social cohesion and institutional trust,” he concluded.
