President defends "rectification"

[NewsWhore]

President Leonel Fernandez defended the fiscal "rectification" that was announced recently, and urged the public to remain calm and be patient as the process develops. The President, quoted in Listin Diario, also has criticized the "constant negative chatter" about the rectification without anyone really knowing the details of the reform, and said that once the reform was presented to the public, if people want to criticize it, then they can. The President believes that all the negativity is just another way for the opposition to make the government look bad. Diario Libre quotes Fernandez as saying that the reform will provide the country with much-needed stability and would help sustain economic growth and the creation of jobs once DR-CAFTA comes into effect. Supporting the reform, and defending the timely payment of foreign debt commitments, was Andy Wolfe, technical chief of the IMF mission in the country, who said, "The IMF does not intend to provoke any problems in the country." Wolfe made his comments yesterday as he and his colleagues explained the details of the fiscal reform to representatives of the DR's private and public sectors.

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