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Budget Proposal Does Not Stop Debt Growth, Warns Budget Council. It Also Warns of Possible Violation of the Constitution

The draft public administration budget for 2027-2029, approved by the government on Monday, does not ensure the stabilization of public debt and is not submitted in accordance with the requirements of the Constitutional Act on Budget Responsibility. It is also very likely not in accordance with the principle of protecting long-term sustainability...

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Lean Left

The law of the year was once again discussed extremely quickly.

·Bratislava, Slovakia
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The economist Haivanjoe Ng Cortiñas, head of the Secretariat of Economic Affairs of the People's Force, stated that the State General Budget Project 2027 represents a higher indebtedness, higher financial cost and lower quality of expenditure. According to his analysis, of each RD$100 that the government will borrow, only RD$19 will be allocated to projects and programs. Debt for interest and subsidies Ng Cortiñas explained that of the RD$398,22…

SANTO DOMINGO.- The economist Haivanjoe Ng Cortiñas, head of the Secretariat for Economic Affairs (SAE) of the People's Force, said on Tuesday that the State General Budget Project (PGE) 2027 is a budget of higher indebtedness, higher financial cost and lower quality of expenditure, which does not modify the structure that has been limiting [...]

After the government entered the draft Budget 2027, from the bench of the Communist and Independent Party, they accused that “it does not fit the needs of the country.” Valparaíso.... The entry Banked PC criticizes Budget 2027: “We are facing a clever and misleading proposal” was first published in El Siglo.

The Fuerza del Pueblo party criticized on Tuesday the draft General Budget of the State for 2027, considering that it contemplates greater indebtedness, an increase in the financial cost and a lower quality of public spending.The statements were offered by the economist and head of the Secretariat of Economic Affairs (SAE) of the organization, Haivanjoe Ng Cortiñas, during the presentation of the analysis “Six times NO: a budget that is indebted…

The deputy and chief of the PC and Independientes bench, Daniela Serrano; the deputy head of the Committee, Marcos Barraza, and the deputy Irací Hassler qualified the proposal as “the Budget of the Courts” and accused that “it does not fit the needs of the country.” After the government entered the 2027 Budget project, since [...]

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Hospodárske Noviny broke the news in Bratislava, Slovakia on Monday, October 5, 2026.
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