Economy September 29, 2015 | 12:36 pm

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US$14.7B budget 2016: No wage hike for government workers

Santo Domingo.- TheExecutive Branch on Tuesday sent to Congress through the Senate the 2016 BudgetBill of RD$663.0 billion (US$14.7 billion), and doesn’t include a wage hike for government worker

Finance ministerSimon Lizardo and Budget director Luis Reyes Santos handed the proposed legislationto Senate president Cristina Lizardo and Chamber of Deputies president AbelMartinez, along with other legislators.

In his cover letter presidentDanilo Medina acknowledges that next year´s fiscal deficit is projected at RD75.9billion, or 2.3% of GDP.

The Senate isexpected to debate the bill in Tuesday´s session slated for 4pm, and sent to ajoint commission for study afterwards.

The 2016 budget bill doesn’tinclude a wage hike for government workers, despite salaries as low as RD$5,500per month, and demands for an increase from several sectors.

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