NewsWhore
12-17-2008, 02:40 PM
As of 5 December of this year, the government had transferred more than RD$80 billion to pay subsidies to the electricity sector, for the propane subsidy, for diesel fuel for truckers and bus drivers, and for the labor subsidy in the free zones at RD$2000 per worker per month.
According to a report from the Ministry of the Hacienda, the real amount of the transfers for subsidies increased by 38.2%, mainly due to the subsidies for electricity and LPG.
Subsidies were also given to basic foodstuffs such as rice, wheat flour, milk, eggs, poultry and beans. At the same time, RD$2,000 was allotted to free zone workers in order to keep those jobs. That chapter totaled more than RD$2.3 billion. Free zones also receive duty free fuel.
The government also subsidizes 800,000 families with the Solidarity Card which gives them RD$228 per month for LPG, and 15,000 drivers get RD$5700 a month under the Bonogas program.
With the increase from 400,000 to 800,000 families who benefit from the Solidarity Car program, the monthly average cost is RD$450 million for the government's focalized social program.
During 2009 it is expected that the government will spend more than RD$6 billion on the poorest families.
The unified payroll of the subsidies is around RD$150 million monthly just for the Solidarity Program and its three components: Eating is First, Incentive to Attend School and Assistance for the Aged. These components have monthly assignments of RD$550, RD$150 and RD$300 each for every family in the program.
According to the data from the Ministry of the Hacienda, the accumulated deficit of the central government is RD$15.99 billion as of 5 December.
Total expenses were RD$244.486 billion and income through taxes, reached RD$244.459 billion
More... (http://www.dr1.com/index.html#4)
According to a report from the Ministry of the Hacienda, the real amount of the transfers for subsidies increased by 38.2%, mainly due to the subsidies for electricity and LPG.
Subsidies were also given to basic foodstuffs such as rice, wheat flour, milk, eggs, poultry and beans. At the same time, RD$2,000 was allotted to free zone workers in order to keep those jobs. That chapter totaled more than RD$2.3 billion. Free zones also receive duty free fuel.
The government also subsidizes 800,000 families with the Solidarity Card which gives them RD$228 per month for LPG, and 15,000 drivers get RD$5700 a month under the Bonogas program.
With the increase from 400,000 to 800,000 families who benefit from the Solidarity Car program, the monthly average cost is RD$450 million for the government's focalized social program.
During 2009 it is expected that the government will spend more than RD$6 billion on the poorest families.
The unified payroll of the subsidies is around RD$150 million monthly just for the Solidarity Program and its three components: Eating is First, Incentive to Attend School and Assistance for the Aged. These components have monthly assignments of RD$550, RD$150 and RD$300 each for every family in the program.
According to the data from the Ministry of the Hacienda, the accumulated deficit of the central government is RD$15.99 billion as of 5 December.
Total expenses were RD$244.486 billion and income through taxes, reached RD$244.459 billion
More... (http://www.dr1.com/index.html#4)