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View Full Version : Government collects 43% more



NewsWhore
06-12-2007, 06:10 PM
Government revenues to date are 43.2% more than had been estimated. According to reports by the Department of Economic Studies at the Treasury, RD$92,82 billion had been collected by 1 June. It is estimated that for 2007 the government will collect RD$215 billion. Most of the revenue has come through the Tax Department (DGII), totaling RD$58.16 billion while Customs (DGA) added RD$20.04 billion and the Treasury added RD$14.61 billion. This however isn't the only thing that has increased. According to the same report, government spending went up by 15% over this period. The government, to date, has spent RD$83.19 billion of which RD$28.30 billion were allotted to consumption, RD$7.19 billion were towards paying interest rates, RD$3.57 billion to loans and RD$25.19 billion to transfers of salaries.

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