Santo Domingo – The president of the special commission in charge of the bill that seeks engrave with zero rate to 67 essential products, Francisco Javier Paulino, stated that according to the Treasurythe fiscal cost that the government Product of the reduction of tariffs to zero rate in the six months, it will be 267 million pesos.
At the meeting, there were about five communications present, according to Javier Paulino, for the commission to read and study them, for “when we decide, the commission, meet to give our favorable or unfavorable votes on this project.”
Regarding the impact that the law could generate in the national productive sector, he maintained that they are analyzing this point and that the commission still does not have that answer.
The special commission received the deputy minister of tax policies of the Ministry of Finance, who revealed the cost that the Government will assume.
On March 11, the Executive Branch submitted to the Lower House the Bill that, provisionally, levies a zero rate in the customs tariff on certain goods that affect the cost of food that constitute a basic component for food of the Dominican family
Among these products is beef in carcasses or half carcasses, fresh or refrigerated; beef chunks, bone-in, fresh or chilled; minced or ground chicken meat, frozen; chicken meat (breast), frozen; chicken meat (thigh), frozen; and chicken meat (wings), frozen, among others.
