Corripio suggests better spending

[NewsWhore]

One of the nation's leading businessmen, Manuel Corripio Alonso, has suggested that the government should take major steps to improve the quality of its spending. According to Listin Diario, he said that above all the government's economic team should seek to improve not only the amount of money spent, but also the quality of the expenditure itself. He talked about superfluous or unnecessary expenditures that give the impression that there is a lot of money in circulation and benefit the population "but in reality they become a burden." Corripio, the vice-president of the Corripio Group, one of the largest family-owned enterprises in the country, alongside Vicini, Leon, Ramos and Lama, was interviewed before addressing a group of Business Administration students at UNIBE. He said that it seemed that in the negotiations between the government and the business community the consensus won out, since each sector stated their points of view. He did say that before talking about tax reform, there should be clear signals that the government will exercise some discipline in spending. He pointed out the case of Denmark, where the tax rate is over 50% but the people pay willingly, since most of their needs are met with quality services such as a public school system that is superior to the private schools in the Dominican Republic, and a health system that is truly excellent. He said that the best thing would be for people to receive quality services in return for paying taxes.

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