The administrative minister of the presidency, José Ignacio Paliza, said that indebtedness is adequate only when the country needs it.
The minister referred to the placement of public debt securities amounting to more than US $ 291 billion approved by the Senate in two consecutive readings on Monday.
“It’s a policy in which the Dominican government … doesn’t like debt, indebtedness is adequate when the country needs it and today we need itSaid the minister.
The beating felt that the past government took unnecessary debts sometimes it shouldn’t.
“The previous tendencies of previous governments were to get into debt when the country didn’t need it, when we were growing even above the average in Latin America and the world, there they owed us even more, they couldn’t,” he said. .
He said the government has used this resource so that the health sector has the necessary resources next year.
“Today, unfortunately, we need to use these tools to move the country forward and ensure that sensitive areas, such as health, have the resources for next year to meet the challenge ahead,” he said.
He assured that these financing instruments were used for this purpose and that it is a bond placement that will aim to accompany the entire year, the following fiscal year. “It should be understood that it is not a specific financing, but a forecast for next year“, Occurred.
He stressed that he did not like the new government’s debt.
“We don’t like it, it’s not a policy that the current Dominican government identifies with, but we need to move forward in this crisis to correct the evils that have been on the table for years and the wrong practices of a disorganized government that wants to fix those mistakes, “he concluded.