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April 22, 2022
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Senate could make zero rate law

Senate could make zero rate law

Despite resistance from the main opposition parties and comments against this initiative from various business sectors, the Senate could convert into law the project that taxes with zero rate of tariffs, for a period of six months, to 67 products of the family basket.

The initiative of the Executive Power only awaits its knowledge in a second reading and its subsequent promulgation to be converted into Law.

On Wednesday of this week the bill was approved at first reading in the Senate having the favorable vote of 20 of the 28 legislators present. During that session, the representatives of the People’s Force, Dionis Sánchez and Bautista (Bauta) Rojas Gómez, questioned the speed with which they wanted to sanction the piece.

They asked to seek consensus and listen to the opinions of the productive sectors, just as the Chamber of Deputies did.

Sánchez questioned that, in a single meeting of the Permanent Commission of Finance, the decision was made to render a favorable report to present it to the hemicycle. He assured that in just “half an hour” the commission, which is chaired by the Perremeist senator Faride Raful, decided on the issue.

The debates on the initiative began after Senator Faride Raful gave a favorable report on it and asked that it be included in the order of business for its knowledge and approval on the agenda.

“The truth is that I do not understand what is the rush that we want to take with this initiative. It lasted half an hour in commission. We ask that the producers be heard, as was done in the Chamber of Deputies,” said Sánchez.

However, although the piece was previously modified in the Chamber of Deputies taking into account suggestions from the Association of Industries of the Dominican Republic (AIRD) and the Dominican Agribusiness Board (JAD), the deputies of the Dominican Liberation parties (PLD ), Fuerza del Pueblo (FP) and Revolucionario Dominicano (PRD) expressed their rejection and warned that they would take their sanction to the “ultimate consequences” because they understood that it was violated because it was not treated as an organic law.

Journalist with more than 20 years of professional practice. She is currently a senior editor for the Diario Libre newspaper.

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