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April 5, 2022
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Minister of Economy considers timely elimination of tariffs

Ministro de Economía considera oportuna eliminación de aranceles

The Minister of Economy, Planning and Development, Miguel Ceara Hattonconsidered as favorable the measure to eliminate the tariffs of some imported products of the basic basket.

“These measures are for six months, it will not last longer because it is a situation of emergency. The worst thing that can happen to us is that a situation of shortages catches up with us,” he said during an interview on the radio program Rumbo de la Mañana on Rumba 98.5 FM.

The also Technical Secretary of Public Policies of the Dominican Revolution Party (PRM) He said that these new measures are trying to “protect Dominican families and households” in the face of the unpredictable situation where the consequences may be greater and unexpected in the coming months due to the war between Russia and Ukraine, the main producers of cereals.

Ceara Hatton pointed out that she did not understand the negativity of the different agricultural sectors regarding the application of this zero rate initiative on some imported products.

“We are avoiding a crisis situation that could be presented to us tomorrow and that, if we don’t have answers or the business sector, then prices will increase,” Indian.

He also explained that the productive sector will be supported as the Luis Abinader government has always done.

He said that the coronavirus pandemic created an economic crisis in the year 2020 in all countries and in 2021 the prices of all products increased due to the increase in the cost of freight and containers.

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