Abinader enacts Law 30-26, officializing Dominican Republic’s anti-crisis plan

Santo Domingo.- President Luis Abinader enacted Law 30-26 on Thursday after its approval by the National Congress, implementing a series of measures designed to promote economic growth, strengthen public finances, and mitigate the impact of the international economic crisis on the Dominican Republic.

According to the government, the new legislation aims to support sustainable development, improve citizens’ well-being, and create favorable conditions for long-term economic and social progress. The law also reinforces responsible management of public resources and promotes tax compliance based on the principles of equity, progressivity, and taxpayers’ ability to pay.

Authorities highlighted that the measure comes at a time of growing global economic and financial uncertainty. In this context, the government considers it essential to strengthen fiscal discipline, ensure the sustainability of public finances, and maintain predictability in economic management. Officials noted that preserving fiscal and economic stability is key to maintaining investor confidence, generating employment, and enhancing the State’s capacity to respond effectively to both domestic and international economic challenges.