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Santo Domingo.- President Danilo Medina yesterday said the 2013 Budget will be submitted October 1 as the Constitution mandates, to provide time to discuss a tax reform, which in his view would take around two weeks.

"Right now we are committed to develop a tax reform and a new agreement with the International Monetary Fund," said the head of state.

The President, who said after the talks toward a tax reform concludes the government would submit the Budget to Congress, didn’t reveal the amount. The 2012 budget topped RD$436.0 billion.

Although the Constitution calls for the Presidency to submit to Congress the Budget Draft not later than October first each year, “the deputies and senators have the power of being able to change with less than two-thirds on a subsequent date.”

Medina returned to the country after attending the UN General Assembly in New York.

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COMMENTS
10 comment(s)
Written by: dreamkiller, 27 Sep 2012 9:04 AM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
Pay for your eléctric or we will raise ITBIS
Written by: BASTA, 27 Sep 2012 9:32 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
Fire 250,000 gov. employees. They sure will not be missed.
Written by: josean, 27 Sep 2012 9:55 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

So he left on a do nothing trip before finishing his HOMEWORK on the budget!

Written by: dreamkiller, 27 Sep 2012 9:58 AM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
The whining and complaining begins....what you could not get in a Shot at the metro
Written by: josean, 27 Sep 2012 10:02 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

The day is early PURPLE Apologist!

Written by: JMONTILLA, 27 Sep 2012 10:29 AM
From: United States
What do you mean a do nothing trip? you are so annoying its pathethic!!!
Written by: Danilo, 27 Sep 2012 3:23 PM
From: Dominican Republic, www.DuckyDeals.com
I hope something comes out of this trip. It took him away at a critical time when the budget and tax reforms should be his focus.

Btw Danilo, get ready for your ball and chain from the IMF, I hope you've been working out.
Written by: josean, 27 Sep 2012 3:31 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Mr.MONTILLA,

Danilo just answered you better than I could!

Written by: josean, 27 Sep 2012 7:46 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

On another note I suggest folks listen to President Medina's speech at the UN; he threw Lie-onel, Atabey and the other Neo-liberals with thier supply side trckle down Ayn Rand and Milton Friedman economics under the Bus!

Written by: MrThelmoAlmeydaRancier, 27 Sep 2012 8:05 PM
From: United States, NJ
Why does the IMF have to be involved in the DR( IRS) ? Doesn't it have enogh capital of its own for
at least the basics to run a country. Before they know it ,they will be owned by the IMF. Is this something knew in DR ? That before the budget gets approved by the congress they have to check with the IMF? They may as well be part of the USA like PR but then they can't do crooked things as they have been doing.How free are we?.
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