Home World Abinader says that the presidency’s subsidy programs will help more than 1,650,000...

Abinader says that the presidency’s subsidy programs will help more than 1,650,000 families

Abinader dice que los programas de subsidio de la presidencia ayudaran a más de 1,650,000 familias

The President of the Republic Luis Abinader said that in the next two years of government subsidies will be created that will help more than 1,650,000 families throughout the national territory.

“Within the framework of our mission to protect the most vulnerable, through the Supérate program, with an investment of more than 41,700 million pesoswe will benefit 1,650,000 families, with double what they received before the pandemic”, explained President Abinader.

The president assured that he has set a precedent in terms of social protection in our country, also adding that the number of transfers to the Supérate card will increase, the increase in the Bono Gas subsidy and the expansion of food rations in the Economic Dining Rooms , for what you have assigned 14,540 million pesos from the national budget.

Abinader accepted that inflation has been an issue that has given the government problems, but that they have been able to manage with the 100% fuel subsidy to stop the rise in fuel prices.

“Our plan has led us to subsidize 100% of the increase in fuels. Had they not done so, inflation would have increased by 6% per year,” the president said.

The president assured that fertilizers and components used in agricultural production would be directly subsidized, such as the subsidy of up to 10% of imports of corn, wheat, soy or flour and vegetable fat.

In addition, as the application for 6 months of 0% to the tariffs of the most important products of the basic basket that “momentarily the national production cannot cover”.

Increasing of the direct subsidy to the transport sector to avoid the rise in the price of tickets was one of the actions carried out the previous year that the president highlighted in his speech and rendering of accounts.

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