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Dominican Republic: Introduction of DOP 3 billion import subsidy scheme

Description

On 17 March 2022, the Dominican Republic's Government unveiled a DOP 3 billion (USD 50 million) import subsidy scheme to mitigate inflation. Specifically, the measure will affect imports of corn, whea...

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Intervention Details

Intervention Type

Import incentive

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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