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October 29, 2024
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Tax reform: Government economic team will announce adjustments

Tax reform: Government economic team will announce adjustments

The economic team of Government will announce in the coming days the settings that will be carried out to raise funds for the works that were projected in the reform fiscal.

He minister of the presidencyJosé Ignacio Paliza, offered these statements at the end of 44 Advice of Ministers and Directors, held at the National Palace, which was headed by the President of the Republic, Luis Abinader.

“Appropriately, the organizations and economic team of the Government will give an account to the country of some alternatives acceptable and some programming, especially in time for some of the projects that they had, or that they have, and that are still in progress, which will force them to perhaps be able to project them over time (…), but you can rest assured that your question will find answers in the coming days”, he stated.

The official added: “Just as the country has moved forward with limitations prosecutors during the last four years, President Abinader will continue to do so.”

Review of the economy

Paliza reported that during this Advice of Ministers They reviewed the current economic profile of the Dominican Republic.

“The Dominican Republic has every reason to be able to recognize and highlight that we live in evidently good times, which stand out above all our peers in the region. We are the country today that is growing the most in Latin America”José Ignacio PalizaMinister of the presidency

He reported that as of August, the country grew 5.6% and accumulated from January to date 5.1%.

He said that the inflation range remains at the target of 4% ± 1%.

He highlighted that the reservations in the Central Bank exceed 14,000 million dollars, while the accumulated deficit until this week is just 1.4% of the Gross Domestic Product (GDP) which, compared to the year before the same week, “we are at the same percentage” .

In addition, he reported that at the international level, the Dominican Republic has climbed positions in various indicators of transparency and justice. He mentioned that, according to the indices of Transparency International and the World Economic Forum, the country has improved 61 positions in justice29 in transparency and 40 in political stability.

Other achievements highlighted by the official include the advancement of 26 positions in mobility social31 in institutionality and 17 in regulatory quality.

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As for the povertyPaliza reported that insecurity food has fallen from 8.3% to 4.6% over the past four years, with a commitment to further reduce this figure in the coming period.

Beating announced that 45 Advice of Ministers and directors will be celebrated on November 6, Constitution Day, in the governorate of San Cristóbal.

Dominican journalist graduated from the Universidad Católica Santo Domingo (UCSD). She is also a presenter, master of ceremonies and model, as well as host and producer of her own digital space VIP Access.

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