PDA

View Full Version : Timid economic measures



NewsWhore
07-21-2008, 03:10 PM
The new president of the Herrera Association of Industries, Manuel Cabrera, described President Leonel Fernandez's announcements made last week in reaction to the rising prices of fuel and food on international markets as "timid" and called for more austerity. Cabrera welcomed the focusing of subsidies on GLP through the use of the Solidarity Card and to pre-selected public transport providers. He went on to say, however, that the government could reduce the spending on credit card expenses, per diems, fuel allowances, trips and the extra checks paid to government officers for sitting on government department boards. In his opinion, the reduction of 5-10% on wages over RD$150,000 in government will have little impact on public finances. He said the 3% of government officials who make salaries at that level also receive benefits outside their regular paycheck.
Cabrera, as reported in El Dia, said that it is unconceivable that at a time where austerity should be the priority, so many unnecessary government employees should be receiving payment from several departments and dozens of deputy ministers and consular and diplomatic employees on the payroll.

More... (http://www.dr1.com/index.html#10)