NewsWhore
01-09-2009, 03:10 PM
Total expenditure by the central government during 2008, excluding financial applications, exceeded the total income for the same period during the previous year by RD$26.488 billion, according to the Ministry of Hacienda.
In a report, the ministry indicated that as of 30 December 2008, central government expenses reached RD$270.78 billion, a figure that exceeded the RD$244.29 billion that was reported as income.
According to El Caribe, the Hacienda Ministry reported that income from taxes, excluding donations and loans as of 30 December 2008 was 0.21% lower than the estimates. It was 4.33% higher that the year before, however.
According to the report on accumulated collections, the Department of Taxes (DGII) produces RD$159.78 billion (65%), Customs brought in RD$57. 59 (24%) and the National Treasury collected RD$26.96 (11%). The report also states that the government received RD$4.1 billion from the sale of a liquor company.
More... (http://www.dr1.com/index.html#3)
In a report, the ministry indicated that as of 30 December 2008, central government expenses reached RD$270.78 billion, a figure that exceeded the RD$244.29 billion that was reported as income.
According to El Caribe, the Hacienda Ministry reported that income from taxes, excluding donations and loans as of 30 December 2008 was 0.21% lower than the estimates. It was 4.33% higher that the year before, however.
According to the report on accumulated collections, the Department of Taxes (DGII) produces RD$159.78 billion (65%), Customs brought in RD$57. 59 (24%) and the National Treasury collected RD$26.96 (11%). The report also states that the government received RD$4.1 billion from the sale of a liquor company.
More... (http://www.dr1.com/index.html#3)