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“Sophisticated” economy to push tax burden to 15%

Santo Domingo.- After the International Monetary Fund (IMF) Thursday called the Dominican economy and development process sophisticated, Economy Minister Temistocles Montas affirmed that the fiscal pact would push the tax burden from 13% upt to 15%.

IMF mission member Mario Dehesa, interviewed in the National Palace, said they’ve been receiving official information thus far, a process he affirms will continue until next week, when they’ll also meet with president Danilo Medina.

“There was a lot of cooperation. We’ve been provided all the information we have requested,” said Dehesa, who was part of the committee that visited the National Palace to meet with Presidency Chief of staff Gustavo Montalvo, and Montas.

The IMF official said the review process is a long and complicated task, because “we live in a world of constant change.”

When asked whether the assessment to the economy might be extended beyond next week, Dehesa said no.

Source: Dominican Today

Category: DR News |

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Last updated October 18, 2016 at 10:48 PM
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