Santo Domingo Metro celebrates its 10th birthday
Administrative Minister of the Presidency Jose Ramon Peralta took advantage of the stage of the American Chamber of Commerce business lunch on 30 January 2019 to call on Dominican society to not allow partisanship and politics to distract the Dominican Republic from the path of development, which is on a sustainable track. He pointed out that he was making the observation because in 2019 the country begins a pre-election year.
“You can be sure that, in the government, we will not lower the intensity with which we have been working, he added, and on the contrary, at this stage, as in the last 6 years, they will have the firm support of the Dominican government to achieve a more competitive, innovative and productive nation,” he stated.
He announced that in the next 45 days the National Competitiveness Council would be implementing the national innovation strategy, a product of the consensus of private and public sectors.
Likewise, the Administrative Minister of the Presidency said the Medina Administration is working to lower the non-financial public deficit to 1.9% of GDP. He said the government received a 9% deficit when beginning a first term in 2012. Peralta said that at present the non-financial public sector deficit is at 2.6% of GDP. He said what is most significant is that the reduction has been achieved without increasing taxes, but rather by improving tax collection efficiency, reducing evasion and focusing on efficient and effective government spending.
Peralta stressed that during the first six years of the Medina administration the country has sustained a 6.3% average GDP growth, the highest in Latin America, with 2018 closing at 7%. He estimated some 125,000 jobs are created every year.
Source: DR1, DiarioLibre
Feb 4, 2019
Category: DR News |