In his speech for the first year in office, President Luis Abinader highlighted the good results achieved at the economic level, noting that the Gross Domestic Product (GDP) is growing at an accelerated rate of 13.4%. He stated that he works to recover and create one million jobs in the next few years.
“As of July we have recovered 714,551 of the pre-pandemic jobs,” said the president, explaining that international reserves have doubled, which today stand at US$12,611 million, the highest in history.
He added that “we are the main destination for Foreign Direct Investment in Central America and the Caribbean with a projection of US $ 3,000 million this year.”
Abinader, in a speech, spoke of the tourism sector, which he said was paralyzed upon his arrival to the government and that for the next season he will reach a historical record of visitors, with the important creation of jobs that this implies.
Regarding the free zone sector, which he said is decisive for the country, he highlighted the growth of its exports of 34% compared to last year and already exceeds the number of pre-COVID jobs, consolidating itself as one of the most important pillars for our economic development.
“Thanks to this good financial performance and the trust of economic and social agents, a few weeks ago we were able to agree on a historic increase in the minimum wage in our country, to guarantee a better quality of life for all citizens,” said the President.
Help
On the issue of social assistance, the president said that now 1,300,000 Dominicans receive twice the aid they received before for the new Supérate program.
Price
hike Abinader expressed concern about the increase in the prices of some basic consumer products, due to the rise in imported raw materials, which is affecting the entire world.
At this point, he affirmed that the Government is dedicating all its efforts to fight this situation and that they are assuming an approximate cost of RD $ 400 million per week, that is, RD $ 55 million per day, to contain the increase in the price of hydrocarbons.
Source:
Listín Diario
