NewsWhore
05-21-2008, 05:30 PM
The Minister of Economy, Planning and Development, Temistocles Montas, has announced that the government has no plans to embark on a new tax reform package in the near future. According to a report in El Nuevo Diario newspaper, Montas said that his office has insisted on improving tax collections and the tax administration apparatus and that so far, this policy has worked.
He did say, however, that the government would have to be more tight-pocketed in order to avoid disrupting the economy. At the same time, he pointed out that despite this situation, the inflation rate at 4.72% in the first quarter of the year remains well below 10%. He attributed this to government policies focused on economic stability. According to a report in El Nuevo Diario newspaper, Montas said that his office has insisted on improving tax collections and the tax administration apparatus and that so far, this policy has worked.
More... (http://www.dr1.com/index.html#1)
He did say, however, that the government would have to be more tight-pocketed in order to avoid disrupting the economy. At the same time, he pointed out that despite this situation, the inflation rate at 4.72% in the first quarter of the year remains well below 10%. He attributed this to government policies focused on economic stability. According to a report in El Nuevo Diario newspaper, Montas said that his office has insisted on improving tax collections and the tax administration apparatus and that so far, this policy has worked.
More... (http://www.dr1.com/index.html#1)