Santo Domingo.- The American Chamber of Commerce (Amcham) yesterday warned the Government to "tread lightly" on the tax measures under study, including the indexing of fuels and the elimination of tax incentives, given the current decelerating global economy which may have aggravated effects in the country.

Amcham president Alejandro Peña Prieto said it’s the Government’s responsibility to create a good business climate in a market where uncertainty is prevented.

He noted that in the current circumstances, the authorities "must concentrate on investments that have a high return as education and health."

Peña said to increase revenue, "it’s necessary to promote the economy’s growth by means of providing the conditions in which the private sector can play its role of creating wealth and jobs."

He asked the Government to reduce superfluous costs and create the conditions so the private sector can do its part as a way to reduce the deficit and comply with the stand-by agreement signed with the International Monetary Fund in 2009.

The business leader spoke during the Amcham’s monthly luncheon, with National Police Rafael Guzman as the invited speaker.