Fiscal reform to Senate today

[NewsWhore]

The Senate is expected to approve the new fiscal reform today without much ado. The reform, which has been generally rejected since it was announced, is part of the requirements for the IMF Stand-by agreement and needs to be approved as quickly as possible. Tomy Galan, president of the Senate's finance commission, announced modifications would be made to the bill received from the Executive Branch. The elimination of a RD$5 tax on fuel and the continued exemption for current companies working in free zones and existing tourist destinations could be among the changes incorporated in the Senate.

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