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View Full Version : A call to spread the subsidies



NewsWhore
07-07-2008, 06:00 PM
Business groups had initially recommended the government remove subsidies in order to reduce its spending. But, instead, the government has chosen to increase these. So now, industry leaders are calling for the government to spread the diesel subsidy program to include them, too. They base their plea on the fact that industry is a productive activity and the subsidy will enable local industry to compete in the marketplace. According to Ernesto Vilalta, an executive with the Herrera Association of Industries, the call to put a freeze on taxes on diesel fuel is absolutely necessary.
Also calling for help are the members of the Dominican Confederation of Small and Medium Businesses (Codopyme) who suggest that a deal similar to that given last week to truckers would save thousands of small businesses from failure. Codopyme says that small and medium sized business have to pay twice for power - their normal power bills and the extraordinary power bills to run their power generators. The present fuel crisis has brought back long hours of blackouts.

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