NewsWhore
03-23-2011, 04:20 PM
The government plans to collect, by force if necessary, the sum of more than RD$1.187 billion it is owed by industrial free zones. This will happen unless the free zone business owners do not go to the Ministry of Hacienda before Monday to discuss how they will pay the loan that the commercial banks gave them with the guarantee of the Dominican government in order to overcome the crisis that shook the sector in 2007 and not cut jobs. The total amount of the loan was RD$1.2 billion. This was revealed by Hacienda Minister Daniel Toribio, who met with businesspeople and leaders of the Dominican Association of Free Zones (Adozona) who had committed to a 15-day deadline for proposals on how to pay the debt and the deadline is 28 March.
According to Diario Libre, Toribio said: "On Monday Hacienda will inform will the businessmen and the companies that come in to make concrete proposals to liquidate the debt, and those that do not come in we will notify them that we will carry out a forced collection, through the justice system".
Toribio said that Hacienda's function was to collect the money with the mechanisms that it possesses "whatever they may be, as long as it is legal, from whoever does not heed the request and in a friendly manner from whoever accepts the call to pay".
The official made it clear, moreover, that the free zones business owners were paying interest, but they had never paid off the capital, and at the present time, the total debt is RD$1.187 billion.
More... (http://www.dr1.com/index.html#3)
According to Diario Libre, Toribio said: "On Monday Hacienda will inform will the businessmen and the companies that come in to make concrete proposals to liquidate the debt, and those that do not come in we will notify them that we will carry out a forced collection, through the justice system".
Toribio said that Hacienda's function was to collect the money with the mechanisms that it possesses "whatever they may be, as long as it is legal, from whoever does not heed the request and in a friendly manner from whoever accepts the call to pay".
The official made it clear, moreover, that the free zones business owners were paying interest, but they had never paid off the capital, and at the present time, the total debt is RD$1.187 billion.
More... (http://www.dr1.com/index.html#3)