G/AG/N/DOM/46/Corr.1  
23 March  2022 
(22-2470) Page: 1/2 
Committee on Agriculture  Original:  Spanish  
 
  
NOTIFICATION  
Corrigendum  
The following communication , dated 22 March 2 022, is being circulated at the request of the 
delegation of the Dominican Republic . The corrigendum  concerns domestic support commitments 
(Table DS:1  and the relevant supporting tables) for the calendar year  2020. 
 
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This document corrects the monetary value that appears in Supporting Table  DS:2 corresponding to  
the "Special Fund for Agricultural Development (FEDA )". The amount loaned by the FEDA , as 
reported in note 2 of Supporting Table DS:2 , should read DOP 641,643,950.62 (instead of 
DOP 4,994,613,843.27). As a result, the value obtained by applying the calculation indicated in that  
note is DOP 33,365,485 (instead of  DOP 259,719,919.9). This value should appear in column  3 of 
Supporting Table DS:2 . The table in question is reproduced below . The changes are shown in  bold, 
including those corresponding to the subtotal and total affected by these changes . 
 
 
   
  G/AG/N/DOM/46/Corr.1  
- 2 - 
 
Supporting Table DS:2  
DOMESTIC SUPPORT: DOMINICAN REPUBLIC  
REPORTING PERIOD : CALENDAR YEAR 20 20 
Measures exempt from the reduction commitment - Special and Differential Treatment - "Development Programmes"  
Measure type  Name and description of measure with reference to criteria in Article 
6.2 Monetary value  
 
DOP  Data source  Note  
1 2 3 4  
(a) Investment subsidies generally available to agriculture  Agricultural Bank : offers various credit services to improve producers' 
production and productivity, supporting modernization, adequate 
infrastructure and cutting -edge technology.  596,286,996  Ministry  of Agriculture  (1) 
Special Fund for Agricultural Development (FEDA) : promotes sustainable 
rural development, with an emphasis on improving the quality of life of rural 
families across the country, contributing to the reduction of rural poverty and 
improving the competitive capacity of national agricultural production 
through the transfer and dissemination of technological innovations to small - 
and medium -scale producers . To that end, it provides resources, with or 
without financing, for associations , cooperatives and organized groups that 
form part of the national agricultural sector.  33,365,485 Ministry of Agriculture  (2) 
Subtotal  629,652,481   
(b) Agricultural input subsidies generally available to low -
income or resource -poor producers  Seed promotion and distribution : ensures that producers in various sectors 
are supplied with certified seeds . Promotes certified organic agriculture . 
Promotes and validates technological packages to encourage the growing of 
staple crops.  40,001,776.3  Ministry o f Agriculture   
Subtotal  40,001,776.3    
Total Development Programmes  669,654,257.3   
(1) Investment subsidies have been calculated by multiplying the total amount of direct credits granted by the Agricultural Bank by the differential between the annual 
average active interest rates applied by this institution and by the conventional banking system, as published by the Central  Bank of the Dominican Republic . The 
Agricultural Bank 's average active interest rate corresponds to the rate for direct cre dits, while the active interest rate applied by the conventional banking system 
corresponds to the rate for the business sector . Data used : conventional bank  interest rate ( 10.20 %); (i) amount loaned by the Agricultural Bank  (DOP 17 ,751,594,648 ) 
with an interest rate of 8 %, (ii) amount loaned by the Agricultural Bank ( DOP 2 ,017,175,623 ) with an interest rate of 0 %. 
(2) Investment subsidies have been calculated by multiplying the total amount of direct credits granted by the FEDA by the differ ential between the annual average active 
interest rates applied by this institution and by the conventional banking system, as published by the Central Bank of the Do minican Republic . The FEDA average active 
interest rate corresponds to the rate for direct cre dits, while the active interest rate applied by the conventional banking system corresponds to the rate for the business 
sector . Data used : FEDA interest rate (5 %), conventional bank interest rate ( 10.20 %), amount loaned by the FEDA ( DOP 641 ,643,950.62 ). 
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