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Tuesday, March 28, 2023

Valdez Albizu’s performance undercuts Abinador’s management

With good forecasts for the behavior of the economy this year and next year, which will be the eve of the 2024 elections, President Abindar will reach his second year on Tuesday, and is expected to propose his re-election later.

something that the president did in line with the idea that the economy was headed in the right direction Appoint Hector Valdez Albizu on Thursday To remain in the government of the Central Bank, he holds a position without interruption in previous governments.

Valdez Albizu has given a hand to President Abindar. Although formally non-partisan, his management of an institution that cares about the country’s peso and monetary performance has allowed him to wield optimism and stability.

abi nader Paid Governor Valdez Those days went by without issuing a reaffirmation decree, which he did at the time in September, leaving the assumption that he could nominate another person, which did not happen.

In his reaffirmation order, the President recognized not only the ability, experience and integrity of the Governor, but also that in his views he found no one else who could currently hold a higher office.

One name that popped up on his desk for weightlifting was that of economist Alejandro Fernandez W., but he was shelved. that officer denounced fell in public pillar That the salary was increased from RD$999,970 to RD$1,145,184.

Economists by profession and practice, Abinador and Valdez Albizu have a lot of chemistry. As a politician, the governor of the Central Bank has served, in good times, under the governments of Balaguer, Fernández and Medina without bank failures.

The Valdez Albizu is a one-of-a-kind working machine in its work. The Central Bank is the institution in the country that conducts investigations and reports published in the media most quickly and confidently. BC never has to explain because everything is read and analyzed by its economists.

Abinder’s achievements

President Abindar will review the many achievements of his two years of rule during the scheduled speech Pronounce in SantiagoWhere he will lead the celebrations of the restoration of the republic this year.

approved yesterday Edward StarrA city councilor and allied political leaders would remain in charge of the Senate despite criticism from those who wanted a rotation after two years.

Estrella, an old Cazzuro, walked away from the limelight and quietly worked his case.

Having taken power amidst the COVID-19 pandemic two years ago, Abinadar can be considered a successful president. Two years later, the incidence of the pandemic has subsided and the country has regained strength and the economy and tourism are stable.

Shortly after taking office, the president ordered a series of measures to counteract the damage that The pandemic would cause the country, imported vaccines from distant places such as China, and coordinated vaccination programs with public health.

When Russia invaded Ukraine, the government ordered fuel subsidies, which represented a savings of RD$18.968 million so far in 2022. This quelled public criticism against the increase available to the Ministry of Industry and Commerce.

Because the pandemic decimated the purchasing power of the most humble Dominicans, the government instituted a number of programs that offered monthly payments and the distribution of raw and cooked food to populations in need.

Due to the management of the economy as of December 2021, some international rating agencies such as Standard & Poor’s and Fitch Ratings stabilized the country’s outlook from negative to negative. RD$32,378.3 million made available to pay for social programs.

The Presidency launched the National Plan for Happy Housing, with 97 projects underway, 49 in Santo Domingo, 19 in the South region, 16 in the North, 11 in the East and 2 in the National District. These are 28,131 low cost and subsidized houses.

Tourism and dispatch?

According to the reports of the Central Bank and the Ministry of Branches, the tourism of foreign visitors has increased significantly. Governor Valdez Albizu said that tourism leads the growth of the economy as it contributed 34.3% to the growth in the first semester.

BC reported last Thursday that the remittances exceeded US$5.6 billion in the first seven months of the yearAn amount that exceeds US$1,572.0 million from remittances received in the first seven months of 2019 from prior public assistance schemes in the United States.

BC says that the month of July 2022 saw total remittances of US$808.6 million, a figure that confirms the establishment of a new level of monthly remittance flows of approximately US$800.0 million, for which compared to the period 2015-2019. A significant increase has been observed in Which was US$ 533.1 million.

In the domestic politics of the country itself, Abinadar keeps supporters, and especially opponents, in suspense about whether he will run in the 2024 elections. In selecting the directions to the chambers of senators and deputies, he preferred that Deputy Pacheco and Senator Estrella remain in their presidency.

If it were thought that this was a sign that “good things cannot be changed”, then Abinador would also think that Estrella and Pacheco would enforce reciprocity. Candidates, especially those for the powerful senatorial presidency, as those of their rank, would welcome the party leader’s decision with a grain of salt.

From the point of view of re-election, Abinadar could have indicated his purpose. The Opportunity Like Next Tuesday Will Not Come To You Until February 27, 2023Although to this day, when the Chambers meet jointly, the Constitution establishes that the objective is to receive their reports.

It is only from the speculation made by the ruler that it can be known with what interest he would like to announce his re-election proposals now. Opponents don’t believe he will be more concerned if he announces it too soon, because if they are certain, it is that he will exercise constitutional authority for four more years.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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