NewsWhore
07-17-2012, 05:20 PM
Ignacio Mendez, a member of the Technical Team working on the transition to the new administration headed by Danilo Medina, said yesterday, Monday 16 July that the President-elect is considering a reduction in public spending. "They are reviewing the priorities of expenditures and the volume of expenses that are considered not necessary and not priorities and they will have to put aside for some other time," he said yesterday.
Earlier, Diario Libre had published a set of recommendations made by economists and businessmen, which indicated that the first measure that the new PLD administration should take is to cut back on expenditure, just as the Spanish government has done with its tax reform. They said that their worries were over the projections that the fiscal deficit in the Dominican Republic could go over RD$100 billion by year-end. They said that the country should "look at itself in Spain's mirror," and just as Spanish Prime Minister Mariano Rajoy has done to find a way out of the economic crisis, they should suspend the Christmas bonus to officials with salaries over RD$50,000 as well as eliminating what they describe as "parasitic posts" like deputy-ministers, advisors and assistants.
More... (http://www.dr1.com/index.html#3)
Earlier, Diario Libre had published a set of recommendations made by economists and businessmen, which indicated that the first measure that the new PLD administration should take is to cut back on expenditure, just as the Spanish government has done with its tax reform. They said that their worries were over the projections that the fiscal deficit in the Dominican Republic could go over RD$100 billion by year-end. They said that the country should "look at itself in Spain's mirror," and just as Spanish Prime Minister Mariano Rajoy has done to find a way out of the economic crisis, they should suspend the Christmas bonus to officials with salaries over RD$50,000 as well as eliminating what they describe as "parasitic posts" like deputy-ministers, advisors and assistants.
More... (http://www.dr1.com/index.html#3)