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View Full Version : [DR1] A fiscal surplus for first quarter



NewsWhore
05-17-2006, 03:10 PM
According to the most recent report from the Dominican Republic Central Bank, the government received income of RD$43.22 billion in the first quarter of the year and only spent RD$43.13 billion. This gives the government a fiscal surplus of RD$98.3 million. Tax income for the period increased by 22.4% and non-tax income decreased by 25.8%. These results were attributed to greater efficiency in tax collection and the adjustments that formed part of the most recent tax reform package passed in December 2005.

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