Finance minister courts private sector for fiscal stability and growth

Santo Domingo.- In a high-profile meeting at the Ministry of Finance’s Matías Ramón Mella Hall, Finance and Economy Minister Magín Díaz convened a group of the country’s most influential business leaders Thursday to push a message of fiscal transparency and to rebuild trust between the state and the private sector. The encounter, part of a broader series of outreach sessions, aimed to surface concrete proposals to strengthen public finances and spur sustainable economic growth.

Díaz framed the talks as a practical exercise in consensus-building. “We are committed to maintaining an open and constructive dialogue with the business community, because only by working together can we strengthen confidence, economic stability and sustainable development,” he told attendees, according to the ministry’s account of the meeting.

Business leaders praised the minister’s accessibility and signaled readiness to collaborate on measures to shore up fiscal health. The session brought together senior executives from across the economy, including Ligia Bonetti (Grupo SID), Samir Rizek (GME / Alpha Inversiones), Manuel Corripio (Grupo Corripio), Francesca Rainieri (AMCHAMDR / Grupo Puntacana) and René Grullón (Grupo Popular), among others,  a roll call that underscored the meeting’s political and economic weight.

Officials described the gathering as an opportunity to identify targeted actions that could improve competitiveness and public finances without destabilizing growth. Participants highlighted the need for transparent policy processes and predictable regulation as preconditions for attracting investment and expanding credit to productive sectors.

While the meeting produced no immediate policy announcements, analysts say its real value lies in rebuilding lines of communication at a time when clear, credible fiscal governance is critical to sustaining investor confidence. Minister Díaz signaled that these consultations will continue, suggesting that further, more technical dialogues with sector representatives are likely as the government refines its fiscal strategy.