The Contraloría, the Controller General of the Dominican Republic, has prohibited Banco Popular from approving its budget without the oversight of its Junta Directiva (Board of Directors). This action stems from the Ley Orgánica del Banco Popular, which explicitly assigns the non-delegable responsibility of approving the annual budget to the Board. The Contraloría's move underscores the importance of adhering to legal frameworks governing financial institutions within the Dominican Republic. This decision ensures that the Banco Popular’s financial planning adheres to required protocols. The restriction aims to maintain transparency and accountability in the allocation of the bank's resources. Failure to comply with this legal requirement could lead to further scrutiny and potential legal repercussions for Banco Popular. The situation highlights the Contraloría's role in safeguarding the financial integrity of state entities in the Dominican Republic.