Santo Domingo.- The full cabinet plans to meet this Thursday afternoon to discuss the amount of next year’s budget, and according to a source it would be 9.9 percent higher than the estimated for yearend 2019, which for the first time would exceed RD$1.0 trillion (US$19.6 billion).
The General Budget in effect is RD$921.8 billion, which includes a current expense of RD$643.9 billion and capital expenditure of RD$121.5 billion.
The amount projected by the tax authorities would represent 17.7% of GDP and includes a primary expense of RD$696.4 billion, or 14.7% of GDP.