The Ministry of Economy, Planning and Development reported that the financial execution of public investment projects was RD$27,131.2 million in the first half of 2022, which represents an increase of 138.2% compared to 2021, and is around the historical average. executed from 2017 to 2022.
The information is contained in the Public investment accountability report January-June 2022, which specifies that when analyzing the execution with respect to what was programmed for the year, it is observed that the percentage of execution for the first semester of 2022 was 35.1%, higher than in 2021, in which 12.8% of the programmed amount was executed. .
“In the first half of 2022, the investments made stood at 0.9% as a proportion of GDP for the year, which doubled the execution of the same period in 2021,” indicates the report from the General Directorate of Public Investment (DGIP).
According to the publication, the largest amount of resources allocated to PIP went to the Transportation function, with an amount of RD$8,887 million, or 32.8% of the total execution; followed by Housing and Community Services, with an execution of RD$5,783 million or 21.3% of the total executed. These two functions together represented 54.1% of the total amount executed in the first half of the year. Third place went to Protection of air, water and soil with an executed amount of RD$3,083 million or 11.4% of the total.
Other sectors that had significant project execution were Education and Irrigation, with respective amounts of RD$1,984 million and RD$1,698 million.
According to the analysis, the distribution of the total execution of projects among the executing institutions is headed by the Ministry of Public Works and Communications (MOPC) with an amount of RD$7,009.2 million (25.8% of the total execution), followed by the Ministry of Housing. Y
Buildings (MIVED) with 18.8% and the National Institute of Potable Water and Sewage (INAPA) with 12.9%. These three institutions occupy 57.6% of the total execution of 2022.
Public investment in the territory
The report maintains that of the RD$27,131.2 million executed in the first half of 2022, some RD$6,894.1 million (25.4% of the total execution) were allocated to the province of Santo Domingo.
In that order, the National District is the second province that presented a greater amount of public investment, with RD$1,881.5 million (6.93% of the total execution).
However, it indicates that there are projects that have a territorial scope beyond a single province, in this sense around RD$3,996 million (14.7% of the total) were executed in projects of provincial scope.
“Although there is evidence of a concentration of public investment in provinces with a larger urban population such as Greater Santo Domingo and Santiago, it is necessary to accompany this analysis with the public investment projects per inhabitant of the provinces in question,” says the document.
From this point of view, the report points out that the provinces where the greatest resources are concentrated in per capita terms are Independencia, with RD$10,459 for each inhabitant of the area; El Seibo with RD$8,978 per inhabitant and Hato Mayor with RD$7,029 per capita.
Likewise, it maintains that the provinces in the Border Zone present significantly higher levels of public investment per capita than the others.
The Accountability Report points out that the public investment project with the highest execution in January – June 2022 was the construction of line 2C of the Santo Domingo Metro, Alcarrizos – Luperón sections; executed by the Office for the Reorganization of Transport (OPRET) with an amount of RD$1,706.7 million, which represents 5.8% of the total cost of the project. This project is expected to be completed in 2024.
The document from the Ministry of Economy maintains that, on the other hand, the construction of the Monte Grande Dam, in the Azua province, is the project with the highest cost included in the programming
January – June 2022. He points out that for this first semester, a total of RD$1,405 million was programmed, of which it was executed
82%.
Physical and financial tracking
The physical and financial monitoring system for public investment projects stands out.
implementing the Ministry of Economy, Planning and Development, in order to carry out the analyzes that allow evaluating the performance of the investments, as well as their degree of compliance.
In this regard, he points out that during the first half of 2022 the physical monitoring of the execution of public investment projects formally began, supported by the Regional Offices of the Ministry of Economy in the different regions of the national territory, as well as by the technicians of the General Directorate of Public Investment.
According to the report, three project monitoring tables have been held, in order to analyze more closely the execution of public investment projects, detect obstacles or obstacles that may hinder execution and discuss mechanisms to speed it up.
It points out that the follow-up tables held during the first half of 2022 were held with the National Institute of Hydraulic Resources (INDRHI), the General Directorate of Strategic and Special Projects of the Presidency (PROPEEP) and the institutions that carry out projects in the electricity sector .