Dominican Congress Approves Fiscal Reform Bill

DOMINICAN REPUBLIC - In Brief 18 Jun 2026 by Magdalena Lizardo
The National Congress has approved the fiscal reform bill, which includes measures to promote economic growth and mitigate the effects of the international economic crisis. The bill was submitted on June 11 and was considered under expedited legislative procedure by both the Senate and the Chamber of Deputies. It now awaits promulgation by the Executive Branch before becoming law. The bill was approved by a vote of 139 in favor and 28 against. Support came exclusively from representatives of the ruling Modern Revolutionary Party (PRM), while opposition legislators voted against the measure. Although opposition parties introduced several amendments during the congressional debate, all proposed changes were rejected, and the bill was ultimately passed in the same form in which it was submitted by the Executive Branch. The fiscal measures are expected to increase tax revenues by between DOP 40 billion and DOP 50 billion. According to the Minister of Finance and Economy, the additional revenues will help support economic growth, preserve public investment, and finance essential public services and social protection programs.

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