NewsWhore
05-31-2007, 04:40 PM
The government has had a mega surplus in the first four months of the year, compared to the budgeted amounts for the period. El Caribe reports that the Treasury (Hacienda) Ministry's economic studies department shows tax collections accumulated through 18 May amounted to RD$85.05 billion, that is RD$6.82 billion (8%) more than the RD$78.23 billion estimated for the period in the National Budget. Interestingly, in the first four months of the year, the government had already spent 43.8% of its total budget.
Exports were up this year, reflecting the increase in the valorization of ferronickel exports, that were up by 132%. Total exports for the first quarter of the year were US$1.61 billion, up by 8.1% compared to the same period last year.
The Treasury Ministry also reports that money in circulation increased by RD$5.55 billion through April.
More... (http://www.dr1.com/index.html#2)
Exports were up this year, reflecting the increase in the valorization of ferronickel exports, that were up by 132%. Total exports for the first quarter of the year were US$1.61 billion, up by 8.1% compared to the same period last year.
The Treasury Ministry also reports that money in circulation increased by RD$5.55 billion through April.
More... (http://www.dr1.com/index.html#2)