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View Full Version : Where was the rendering of accounts?



NewsWhore
02-29-2012, 12:40 PM
The National Business Council (Conep) has criticized the state of the nation address by President Leonel Fernandez at the National Assembly on 27 February for being more of a comparative memoir of his past eight years in government rather than a rendering of accounts, as ordered by the Constitution. Section 128 of the 2010 Constitution establishes that the President of the Republic has the legislative duty to present before Congress, at the opening of the first regular legislative session on 27 February of every year, the reports of the ministries; and to render account of his administration during the previous year.

Conep says that the explanations should have included macroeconomic and fiscal projections, economic, financial and social performance forecasts and explanations on the government's principal priorities for 2012.

The business sector says it would like to have heard the President refer to the need for transforming the present economic model to one led by the productive sectors, focused on exports, as the business sector has been recommending to revert the increasing number of jobs created in the informal sectors.

Conep expressed its concern for the extraordinary number of beneficiaries of the government welfare card and said that if there are a million beneficiaries it means there are on average three million people depending on the government and an additional half million employed directly by the government. Conep says this is unsustainable and reduces the resources that would be available for policies that generate true economic prosperity. The business group says that priority needs to be given to creating the conditions that promote the creation of productive jobs and converting the 56% of jobs in the informal sector to the formal sector.

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