Senate approves $350,990 million debt issuance for 2025 Budget

Santo Domingo.- The Senate has approved in second reading the issuance of public debt securities amounting to 350,990 million pesos to partially finance the 2025 General State Budget. The initiative aims to secure resources for implementing public policies outlined in the budget recently approved by Congress.

The bill authorizes the Ministry of Finance to issue the securities in pesos or foreign currency, depending on market conditions, and to adjust amounts for optimal financial terms. It also allows the government to explore alternative financial sources if more favorable conditions arise.

Funds raised from the issuance will be managed by the National Treasury, which will implement strategies to minimize associated costs. The bill now moves to the Chamber of Deputies for further discussion and approval. If passed, it will be sent to the Executive Branch for final promulgation.