Margarita Cedeño, Dom. Rep. Cost of living is unmanageable in | AlMomento.net

Santo Domingo.- Margarita Cedeno, former vice president of the Dominican Republic, said the cost of living was unmanageable for the majority of the country’s population.

He opined that this led to personal debt in the short term and loss of standard of living for thousands of families.

A timid administration

In written statements published by the PLD newspaper Vanguardia del Pueblo, 2023 assessed that the cause was a fearful administration that did not provide an efficient response to the country’s difficulties.

A member of the political committee of the Dominican Liberation Party (PLD) also pointed out that this hinders internal growth and macroeconomic stability.

He said that while foreign currency earnings were shown through exports of goods and services, remittances and foreign investment, these did not translate into better economic growth or well-being of citizens.

Therefore The government was expected to review measures related to the lowest public investment in the last 72 years, coupled with the highest debt in the last 45 years.

Problems in agriculture, education and health

In his analysis Covering the matter related to agriculture and condemning the government for trying to increase imports affecting agricultural producers.

In addition, he asserted that the ministry was not with them to provide them with access to the financial and technical support they needed, nor to provide them with the technological opportunities they needed to be competitive.Health declines every so often with the appearance of new viruses or combinations, he concluded.

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