NewsWhore
12-03-2009, 12:50 PM
The government finished the first three quarters of the year with a budget deficit of RD$17. 4 billion. This was in large part due to an 8% increase in government current spending in relation to revenues. During the period between January and September 2009 the government had revenues of RD$187.7 billion, but spent RD$205.1 billion.
Quoting Ministry of Hacienda data, El Caribe reports that the average monthly deficit was roughly RD$1.93 billion. By September there was a slight closing of the deficit gap, but it still registered high, at RD$853 million.
From its revenue sources the government collected RD$114 billion from the Tax Department, which was 68.35% of all revenues. The Customs Department generated RD$34.6 billion or 20.72% of all revenues and the National Treasury added RD$18.25 billion, or 10.93% of total revenues.
More... (http://www.dr1.com/index.html#5)
Quoting Ministry of Hacienda data, El Caribe reports that the average monthly deficit was roughly RD$1.93 billion. By September there was a slight closing of the deficit gap, but it still registered high, at RD$853 million.
From its revenue sources the government collected RD$114 billion from the Tax Department, which was 68.35% of all revenues. The Customs Department generated RD$34.6 billion or 20.72% of all revenues and the National Treasury added RD$18.25 billion, or 10.93% of total revenues.
More... (http://www.dr1.com/index.html#5)