The Executive Branch on Tuesday sent to Congress through the Senate the 2016 Budget Bill of RD$663.0 billion (US$14.7 billion), and doesn’t include a wage hike for government worker
Finance minister Simon Lizardo and Budget director Luis Reyes Santos handed the proposed legislation to Senate president Cristina Lizardo and Chamber of Deputies president Abel Martinez, along with other legislators.
In his cover letter president Danilo Medina acknowledges that next year´s fiscal deficit is projected at RD75.9 billion, or 2.3% of GDP.
The Senate is expected to debate the bill in Tuesday´s session slated for 4pm, and sent to a joint commission for study afterwards.
The 2016 budget bill doesn’t include a wage hike for government workers, despite salaries as low as RD$5,500 per month, and demands for an increase from several sectors.
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Dominican Today