Local April 30, 2024 - 2:58 pm

Leonel Fernández accuses Government of manipulating economic data

Santo Domingo.- During his weekly press conference, Fuerza del Pueblo’s Presidential candidate, Leonel Fernández, accused President Luis Abinader’s government of deceiving the public and manipulating data regarding economic growth and job creation, topics that were notably absent from last week’s debate.

Fernández challenged Abinader’s claim of “6.5% growth,” made during the presidential candidates’ debate, labeling it as “blatant manipulation.” He argued that actual growth stands at 1.9%, supported by data projected behind him during the conference.

Furthermore, Fernández criticized the government for falling behind neighboring countries such as Panama, Nicaragua, Honduras, Guatemala, and Costa Rica in terms of economic growth.

Regarding employment, Fernández reminded the audience of Abinader’s promise to recover and create one million jobs, initially made in August 2021 and reiterated on subsequent occasions. However, Fernández asserted that during the 42 months of the current administration, only 236,788 jobs were added, with a significant increase in informal employment by 248,849 individuals. He emphasized that formal job creation stagnated, leading to a slowdown in the expansion of the middle class and a rise in informal economy promotion.

Fernández detailed employment deficits across various sectors, including agriculture, health, social assistance, energy, gas, water, and industry. He highlighted the disproportionate impact on women and young adults, with double the number of unemployed women compared to men and individuals aged 15 to 39 constituting 44% of the unemployed population. Additionally, he noted over 300,000 individuals gave up job hunting in a country where informal employment prevails at 56%.

COVID-19

May 17, 2024 - 9:22 am

CEMDOE expands services, reinforcing commitment to quality and safety in healthcare

May 16, 2024 - 8:43 am

WHO greenlights Japanese vaccine for Dengue prevention

May 14, 2024 - 10:25 am

Médico Express and Caribbean Health TPA foster medical tourism

May 13, 2024 - 9:34 am

Residents protest thermoelectric vessels in Azua

MOST READ

Tourism

Frontier threatens to displace JetBlue in the Caribbean

Tourism

Dominican airline breaks passenger transit record

Tourism

American Airlines expanding with new route to La Romana

Economy

Dominican Republic free zones: why they are key and what effect do “tax holidays” generate

MORE NEWS

Tourism

Dominican hotels occupancy rises in Q1

Local

Heavy rainfall expected to affect the territory starting this Tuesday

Economy

Ministry of Environment sanctions companies for illegal aggregate extraction in San Cristóbal

Local

President Abinader’s European diplomatic tour