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Danilo: Talk of tax reform is a bitter drink

posted on: Oct 5 2012 14:2 by RDugey. Viewed 2842 times.

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Noting that for him it is a drink bitter talk of tax reform, President Danilo Medina cried yesterday for the contest and understanding of entrepreneurship, as well as the sectors represented in the economic and Social (CES), to ensure the sustainability of the national economy.

To deliver the proposal of Fiscal Pact, during a meeting with the CES in the National Palace, said that the reality is hard, while he stressed that to meet the commitments made with the people and keep the growth and dynamism of the economy, the Government and the private sector should support each other.

"Reality is hard." "Currently required of the effort and sacrifice of everyone so that we can get growth back on track and the sustainable development of the country and that is that we appeal," said the Governor.

To speak before the plenary of members of CES, presided over by Monsignor Agripino Núñez Collado, who delivered copies the proposal raised by the increase in income in 4% of the GDP; 1.9% over the control of the expenditure of the Government and 2.2% of tax reform, Medina said that it wants to improve the quality of life of the Dominicans by offering them health, security, dignity in old age, education and competitiveness, but more resources are needed to achieve this.

"Particularly for me is a bitter drink talk of tax reform," said Danilo Medina, but he said that reality is imposed and that all international agencies consulted agreed that Dominican Republic needs a reform that increase the level of income by about two percentage points and that spending to the extent that the economy can be reduced support it.

"If we do not reform, we will simply have to cross arms and I came not to the Government for that," said the head of State before the members of the ESC with whom held a meeting behind closed doors.

Stated that the economic team of the Government will be open to supply all the information required by the ETUC in its analysis of the proposal and its scope, and asked the members of this organization feel free to suggest new options.

( )
Analysis of proposal and signing of Pact FISCAL reform would be submitted to Congress
the President Medina
and his economic team met with CES in the Council of Government in the National Palace Hall.

Following this meeting, the CES will initiate a process of analysis of the proposal that is expected to conclude in the month of November with the approval and signing of a Fiscal Pact provided for in the law of national strategy of development.

Subsequently, this Covenant would be sent to the National Congress for his knowledge and approval, what constitutes a first step so that the Executive branch can submit before the cameras the draft budget of income and expenditure law The year 2013 public.



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