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View Full Version : Economist says development on hold



NewsWhore
12-08-2008, 03:11 PM
Economist Pavel Isa Contreras said that he felt that the budget submitted to the Congress by the President leaves a clear impression that development and economic and social change in the Dominican Republic not on the government's agenda.
He explained that the budget structure is basically the same as the 2005 budget, the year in which the government worked to come out of a crisis.
Isa Contreras said that the country has had some four or five years of fairly stable prices and nevertheless the budget remains the same, "that is to say, we do not go from the agenda for stabilization to the agenda for development".
The economist said he thought that a fundamental part would be to strengthen social spending, pointing out the in times of crisis expenditures should be redirected towards the protection of the people with more expenditures in health, education and better spending.
During his interview on Channel 11 Telesistema, the economist said: "At a time of crisis, unemployment increases, the purchasing power of households deteriorates, there is a series of basic necessities that sustain homes, especially the poorest homes, that are the most vulnerable, and begin to deteriorate fastest."
The economist said that priority has to be put on the people, adding that personally he does not see any significant priority, despite the fact that strengthening agriculture was one of the things most often mentioned as a way of making the country less vulnerable to outside events.

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