NewsWhore
07-12-2007, 03:00 PM
The government will send to Congress a bill in order to legally be able to allot the RD$11.5 billion fiscal surplus. This year alone government revenues are up by RD$23 billion. In addition to the windfall produced by increased income and ITBIS taxes, and more efficient tax collection procedures, the government has benefited from the tax on ferronickel export sales, and the sale of Verizon.
Surplus money would be used for the increasing propane gas subsidy, to create a RD$1 billion catastrophy fund, RD$1.5 billion would be allotted to the city governments, RD$1.05 billion to wage increases for public school teachers, RD$1.5 billion tos the Family Health Insurance (SFS) that is scheduled to start 1 September 12007, RD$600 million to support potable water assistance programs while the drought persists, and RD$1.09 billion to 13th Christmas wage payments of decentralized government institutions, as reported in Hoy. Hoy writes that the budget for the entire year of RD$2.4 billion propane gas subsidy fund has been depleted in the first half of the year.
More... (http://www.dr1.com/index.html#1)
Surplus money would be used for the increasing propane gas subsidy, to create a RD$1 billion catastrophy fund, RD$1.5 billion would be allotted to the city governments, RD$1.05 billion to wage increases for public school teachers, RD$1.5 billion tos the Family Health Insurance (SFS) that is scheduled to start 1 September 12007, RD$600 million to support potable water assistance programs while the drought persists, and RD$1.09 billion to 13th Christmas wage payments of decentralized government institutions, as reported in Hoy. Hoy writes that the budget for the entire year of RD$2.4 billion propane gas subsidy fund has been depleted in the first half of the year.
More... (http://www.dr1.com/index.html#1)