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View Full Version : No way to change the budget



NewsWhore
12-19-2007, 05:00 PM
Minister of the Hacienda Vicente Bengoa told reporters that the budget for 2008 would have to be studied and passed just as it was sent from the National Development Council. The minister dismissed the possibility of any changes to the budget during discussions with the heads of the Senate and the Chamber of Deputies who had requested additional funding. Bengoa said that there was no way of satisfying all the government departments and independent agencies' demands. The main argument was that anything over the RD$300 billion would provoke the wrath of the International Monetary Fund (IMF) and affect the country's image on the international financial scene. Bengoa did hint however that there might be a possibility of "reformulating the budget" in June, in accordance with the law.

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