Dominican Republic: President Abinader affirms that the country is prepared to weather the impact of the international oil crisis

Statement by the President of the Dominican Republic on the measures adopted to mitigate the economic effects of the international oil crisis. Of particular note is the implementation of fertilizer subsidies, aimed at containing the rise in agricultural production costs and preventing them from being passed on to food prices. Likewise, fuel subsidies and cash transfers to vulnerable households are included as part of a comprehensive strategy to preserve economic stability, protect purchasing power, and ensure access to food amid high international volatility.