NewsWhore
05-09-2008, 07:20 PM
The National Association of Young Entrepreneurs (Anje) and the National Business Council (Conep) are warning that once the election is over, the government will have to concentrate on being more efficient and controlling public spending to adjust to the US economic slowdown and the increasing price of fuel.
As reported in Hoy, Anje warned that the government has increased current spending by 30% in the first three months of the year compared to the same period last year, which is totally divorced from the reality of the world today. They mentioned that the government has spent RD$1.08 billion more, or 41.4% more on the non-personal services chapter alone, which includes advertising and travel expenses. Subsidies were up by RD$7.43 billion, or 48% more. Anje president Pablo Piantini said that this is the opposite of what should be happening: the government should be building up reserves to handle the international crisis.
Conep president Lisandro Macarrulla criticized the fact that all the presidential candidate proposals are similar, and do not put forward any realistic solutions to the current problems. He said that once the passions generated by the election are behind us, national leaders would have to face great challenges when the population comes back to reality and understands that many structural problems need to be corrected in the Dominican development model.
More... (http://www.dr1.com/index.html#5)
As reported in Hoy, Anje warned that the government has increased current spending by 30% in the first three months of the year compared to the same period last year, which is totally divorced from the reality of the world today. They mentioned that the government has spent RD$1.08 billion more, or 41.4% more on the non-personal services chapter alone, which includes advertising and travel expenses. Subsidies were up by RD$7.43 billion, or 48% more. Anje president Pablo Piantini said that this is the opposite of what should be happening: the government should be building up reserves to handle the international crisis.
Conep president Lisandro Macarrulla criticized the fact that all the presidential candidate proposals are similar, and do not put forward any realistic solutions to the current problems. He said that once the passions generated by the election are behind us, national leaders would have to face great challenges when the population comes back to reality and understands that many structural problems need to be corrected in the Dominican development model.
More... (http://www.dr1.com/index.html#5)