Apolinar Veloz

Apolinar Veloz is an economist who has recently expressed concerns regarding the rising public debt in the Dominican Republic, which now stands at approximately $87 billion, nearly 85% of the country's GDP. He warns that the government's decision to issue sovereign bonds could exacerbate the economic challenges faced by the nation, particularly affecting the most vulnerable populations. Veloz advocates for comprehensive fiscal reform to alleviate the burden of debt servicing on the domestic economy and prevent further reliance on external borrowing.