National Palace, Photo Martine Wesoly.
Santo Domingo.- In a confidential report the International Monetary Fund (IMF) suggests to Dominican authorities to implement sweeping fiscal changes, including raising the Industrialized Goods and Services Transference Tax (ITBIS) from 16 to 18%, and eliminate the tax breaks to the various productive sectors, as an adjustment measure.
It also says the Government must put an end to “the darkest personal privileges granted through simple contracts.”
As cited by hoy.com.do the IMF’s recommendations figure in the report “Tax measures for fiscal adjustment” delivered to the authorities last December.
It said the adjustment measures need to be implemented to reduce the fiscal deficit from 3.5% to 2.5% by January 2013, with cuts on spending, adjustments in the electrical sector, and stronger tax collection effort.
Incentives to investment must be rationalized, the IMF says, while suggesting the elimination of the many tax breaks which it affirms “is a delayed task which should start immediately.”
The IMF concluded the “stand-by” agreement with the country in March, which led to several disbursements totaling US$1.2 billion until the sixth revision. “There’s an immense number of laws and decrees granting exemptions and other tax benefits in Dominican Republic, from the most known such as those to free zone companies, to the darkest personal privileges granted through simple contracts.”
From: Dominican Republic
the darkest personal privileges granted through simple contracts.
this means stop the corruption or else.
Written by: zooma, 8 May 2012 8:50 AM
From: United States
Stop beating around the bush. Why can't these IMF guys that control the purse strings just come out and say, clean up your act, end the corruption or we end your access to the cookie jar, period ?
I guarantee if they did it will turn a lot of heads.
Written by: Atabey, 8 May 2012 9:10 AM
From: United States, NYC
“There’s an immense number of laws and decrees granting exemptions and other tax benefits in Dominican Republic, from the most known such as those to free zone companies, to the darkest personal privileges granted through simple contracts.”
Yes, the next DR government has to advance along these lines and bring the state of affairs closer to first world standards. The old ways are hard to break, but these changes ARE IMPORTANT to the long run prosperity of the nation. The State has to establish better and more efficient control, more transparency in practice, BETTER TAX COLLECTION!!!
Written by: josean, 8 May 2012 9:11 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"It also says the Government must put an end to “the darkest personal privileges granted through simple contracts.”
This is a Subtle but Obvious Message from the IMF to the Dominican People to Throw the PLD Mafia out on its Purple ASS on May 20th!
Written by: josean, 8 May 2012 9:24 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
'Incentives to investment must be rationalized, the IMF says, while suggesting the elimination of the many tax breaks which it affirms “is a delayed task which should start immediately.”
Meaning:
Lie-onel Fernandez’s deliberate procrastination during his 8 horrendous years to allow his Corrupt Mafia Cronies on the PLD's Political Committee to become multi-millionaires in US dollars…..Felix Bautista just being the Tip of the Iceberg with his Historic Theft…...must be terminated IMMEDIATELY on May 20th by throwing the Narco Purple Bums Out!
Written by: Atabey, 8 May 2012 10:24 AM
From: United States, NYC
Danilo signed pact "Respect for Institutionalization"
Quote:
Medina would have to commit to "Guarantee in the first hundred (100) days
government, the creation of the Single Treasury Account ordered to the centralization of
receipts and payments of the Central Government and decentralized and autonomous and
non-financial institutions."
Written by: Atabey, 8 May 2012 10:24 AM
From: United States, NYC
SANTO DOMINGO. -
The presidential candidate of the Partido de la Liberacion Dominicana (PLD), Danilo Medina, signed the afternoon of Monday, May 7, a protocol by which he undertakes to ensure transparency and institutionalizations in Dominican Republic, in case of winning the office this May 20.
In a ceremony in which reporters questions were not accepted outside the strictly Treaty Medina promised to take action against corruption after signing the protocol's Institutional transparency and promoted by Transparency International and its chapter in the country Participacion Ciudadana.
Before signing the said protocol, the candidate PLD carried out some modifications in the terms
two of the points that includes the document.
In count six of the protocol, Medina would have to commitment to "ensure in the first hundred
(100) days in office, the creation of the Single Account Treasury ordered the centralization of
receipts and payments of the Central Government and
Written by: Atabey, 8 May 2012 10:25 AM
From: United States, NYC
the decentralized and autonomous and not-financial institutions."
Medina told the National Council for Participacion Ciudadana that has his support to make an election observation without any obstacles and setbacks.
However, the PLD candidate called for a within 30 days, being established that would meet this point in the first 130 days of mandate.
It also requested that item number 12 of Protocol which would undertake to "DIRECT to the
thirty (30) days of their appointment all appointed officials, as well as outgoing conduct and publish his affidavit of assets, as provided by law, and request the competent bodies in within sixty (60) days to present a report of the verification of stocks "were called for 120 days in instead of 60.
He felt that the protocol provided very little time after the inauguration of the government term to maturity of these two points, so that the extension was requested.
Written by: josean, 8 May 2012 10:34 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Why doesn't Danilo “The Boy Scout” ask Felix Bautista to step down from his Campaign, the positions he holds in the PLD and his senate seat until the complaints of corruption filed against him are resolved!
Written by: josean, 8 May 2012 10:38 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Don't worry if the PLD wins they will do what they do best “Steal from the Poor to Give to the Rich” via the Only thing they Know how to do (other than STEAL) RAISE the Dominican People's Taxes!
Written by: THINK, 8 May 2012 11:40 AM
From: United States, SDQ -- Mia --NY
Only Lie-onel did not see the problems? or he is pretending? or he is protecting his own interests?
I think he is the #1 corruption officials in DR......
Written by: juanb, 8 May 2012 11:49 AM
From: Dominican Republic
Either of the two bums running will promise or sign whatever they think will help get them elected.
Written by: josean, 8 May 2012 11:49 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
When you look up the word CORRUPTION in the dictionary you see a picture of Lie-onel next to it!
Written by: vegano, 8 May 2012 12:03 PM
From: Dominican Republic
Wow, I am surprised by the comments made by the Haitians here. On the contrary you should be advocating we get the same deal your gets since we spend so much money providing you with healthcare, etc. It is funny you judge our government and yours government is prefect Lmao
Written by: josean, 8 May 2012 12:10 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Be careful what you say about Haitians they have made Lie-onel, Margarita and Felix Bautista very Wealthy!
Why do you think they gave them a University while ours falls apart!
From: United States
I think that Leonel has done so much that we should designate him the "4th founding father of our nation!"
And everybody should learn in the catecismo books all the great infrastructure work he has achieve so far..( In the front page, the photo of our 4 founding fathers and the Metro!)
PLD 2012-3000
Because we are a grateful country!
Written by: josean, 8 May 2012 4:03 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Margarita is going to get jealous of you Ms. Vickey sweating her guy!
From: United States
You better show some respect Josie Hiede vivo to our 4 founding fathers of our nation!
Just remember a little secret:
PLD 2012-3000
:)
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
The days are dwindling down for the hippo and his stooge josean
Written by: josean, 8 May 2012 8:17 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
You always contibute so much with your commentary!
Written by: airgordo, 8 May 2012 11:13 PM
From: Dominican Republic
AFTER reading this info i will just say this: should Danilo Medina Win there will be NO MERCY and NO PATIENCE and certanly NO 100 "peace" days upon his goverment from the population, WHY?? because it will be the same party that has been on the power for 8 years...if these measures are applied By Danilo's PLD it could be the UNLEASHING of a Dominican Spring, it already happened to the PRD on 1984...
From: United States
@airgordo
."if these measures are applied By Danilo's PLD it could be the UNLEASHING of a Dominican Spring, it already happened to the PRD on 1984..."
airgordo... You are full of s**t like Josie Hiede vivo..
Do you think it's the PRD that still in power?
You havent lost yet and obviously are showing signs of desperation.. Ufff..
You are such Pathetic!
_____________________________________________________________________________
PLD for the progress of our people..11 days for celebration
2012-3000
Because we need to live in peace
Written by: airgordo, 10 May 2012 2:50 AM
From: Dominican Republic
DID i write on plain english or RUSSIAN?? i care a SH!T about PRD or any or your further stupidities, I LIVE on DR you don't, i KNOW what i'm writing about based on what i see everywhere EVERY F@CKING DAY so please don't speak of what you don't know a sh!t
I'm not a Profet but what i wrote is what's going to happen IF the PLD goverment applies these IMF measures, there is NO MORE PATIENCE for PLD here, if they win it will ONLY BE becasue people don't like Hipolito AND NOT BECAUSE they Like PLD or Danilo, there is DIFFERENCE, a BIG DIFFERENCE between being elected becasue people like you or being elected becasue they hate other guy...if Hipolito is not there to be hated, GUESS WHO IS NEXT??
Reality Check for you before you even direct your childish moronic stupidity to response an intelligent comment
From: United States
@ Airgordo…
Again .. You are mentioning the killing of people in 1984, ordered by Jorge Blanco , when he was the president with PRD ?
I have to agree that Danilo is not the most charismatic guy in the whole world , but a way better option than Hipo burro.
What I REALLY disagree is that your post sound like in D.R. everybody is on the edge of a civil war. JB sent in the troops, and more than 100 Dominicans were killed, 500 more wounded and thousands arrested.
So, are you SURE that will happens again?
I REALLY think your post is OUT of CONTEXT and extremely pathetic. Even if you are in D.R. or not.
So, again , do you think D.R. is in the same political , financial condition and macroeconomic situation than 1984?
Than Danilo will have to face the ghost of Balaguer and Vincho against him?
Your ignorance is impressive, and I REALLY think you have a moronic stupid response and have no base to assuming VERY stupid conclusions out of the blue.
Shame on you !
Written by: airgordo, 10 May 2012 10:06 AM
From: Dominican Republic
Do you Pay the Gasoline at the Price I pay it with the earnings that I have? NO, do you pay the Beef, chicken, eggs and Rice at the Price that I pay them? NO, do you pay the Propane Gass at the price i just paid it?? NOOOOO
Danilo will face the burden of 8 years of TERRIBLE GOVERMENT with ZERO toleration from a population that is right now SICK AND TIRED of his party, So it is Useless to even explain something YOU just CAN'T UNDERSTAND...
From: United States
Airgordo:
I pay here the gallon of Gas between U$4 and U$5 and it’s way cheaper than NYC or other places
I am 100 % positive that chicken here is WAY more expensive than there.. In a couple of years , it became a luxury..
“So it is Useless to even explain something YOU just CAN'T UNDERSTAND...”
Ok, do you have more options? You can choose Hipo burro to fix all your problems…But it sound way much more like playing a Russian roulette..
Got a point?
?
____________________________________________________________________________
PLD for the progress of our people..10 days for celebration
2012-3000
Written by: airgordo, 10 May 2012 7:00 PM
From: Dominican Republic
I rather chop my arm Before Voting for the PRD, and exactly the same "love" goes to the PLD...My vote will go for Moreno just like in 2008...remember that the Minimun wage of ANY place on the USA is far greater than on DR, actually is like 500% more...
this means stop the corruption or else.
Stop beating around the bush. Why can't these IMF guys that control the purse strings just come out and say, clean up your act, end the corruption or we end your access to the cookie jar, period ?
I guarantee if they did it will turn a lot of heads.
Yes, the next DR government has to advance along these lines and bring the state of affairs closer to first world standards. The old ways are hard to break, but these changes ARE IMPORTANT to the long run prosperity of the nation. The State has to establish better and more efficient control, more transparency in practice, BETTER TAX COLLECTION!!!
"It also says the Government must put an end to “the darkest personal privileges granted through simple contracts.”
This is a Subtle but Obvious Message from the IMF to the Dominican People to Throw the PLD Mafia out on its Purple ASS on May 20th!
'Incentives to investment must be rationalized, the IMF says, while suggesting the elimination of the many tax breaks which it affirms “is a delayed task which should start immediately.”
Meaning:
Lie-onel Fernandez’s deliberate procrastination during his 8 horrendous years to allow his Corrupt Mafia Cronies on the PLD's Political Committee to become multi-millionaires in US dollars…..Felix Bautista just being the Tip of the Iceberg with his Historic Theft…...must be terminated IMMEDIATELY on May 20th by throwing the Narco Purple Bums Out!
Quote:
Medina would have to commit to "Guarantee in the first hundred (100) days
government, the creation of the Single Treasury Account ordered to the centralization of
receipts and payments of the Central Government and decentralized and autonomous and
non-financial institutions."
The presidential candidate of the Partido de la Liberacion Dominicana (PLD), Danilo Medina, signed the afternoon of Monday, May 7, a protocol by which he undertakes to ensure transparency and institutionalizations in Dominican Republic, in case of winning the office this May 20.
In a ceremony in which reporters questions were not accepted outside the strictly Treaty Medina promised to take action against corruption after signing the protocol's Institutional transparency and promoted by Transparency International and its chapter in the country Participacion Ciudadana.
Before signing the said protocol, the candidate PLD carried out some modifications in the terms
two of the points that includes the document.
In count six of the protocol, Medina would have to commitment to "ensure in the first hundred
(100) days in office, the creation of the Single Account Treasury ordered the centralization of
receipts and payments of the Central Government and
Medina told the National Council for Participacion Ciudadana that has his support to make an election observation without any obstacles and setbacks.
However, the PLD candidate called for a within 30 days, being established that would meet this point in the first 130 days of mandate.
It also requested that item number 12 of Protocol which would undertake to "DIRECT to the
thirty (30) days of their appointment all appointed officials, as well as outgoing conduct and publish his affidavit of assets, as provided by law, and request the competent bodies in within sixty (60) days to present a report of the verification of stocks "were called for 120 days in instead of 60.
He felt that the protocol provided very little time after the inauguration of the government term to maturity of these two points, so that the extension was requested.
Why doesn't Danilo “The Boy Scout” ask Felix Bautista to step down from his Campaign, the positions he holds in the PLD and his senate seat until the complaints of corruption filed against him are resolved!
Don't worry if the PLD wins they will do what they do best “Steal from the Poor to Give to the Rich” via the Only thing they Know how to do (other than STEAL) RAISE the Dominican People's Taxes!
Only Lie-onel did not see the problems? or he is pretending? or he is protecting his own interests?
I think he is the #1 corruption officials in DR......
Either of the two bums running will promise or sign whatever they think will help get them elected.
When you look up the word CORRUPTION in the dictionary you see a picture of Lie-onel next to it!
Be careful what you say about Haitians they have made Lie-onel, Margarita and Felix Bautista very Wealthy!
Why do you think they gave them a University while ours falls apart!
And everybody should learn in the catecismo books all the great infrastructure work he has achieve so far..( In the front page, the photo of our 4 founding fathers and the Metro!)
PLD 2012-3000
Because we are a grateful country!
Margarita is going to get jealous of you Ms. Vickey sweating her guy!
Just remember a little secret:
PLD 2012-3000
:)
You always contibute so much with your commentary!
."if these measures are applied By Danilo's PLD it could be the UNLEASHING of a Dominican Spring, it already happened to the PRD on 1984..."
airgordo... You are full of s**t like Josie Hiede vivo..
Do you think it's the PRD that still in power?
You havent lost yet and obviously are showing signs of desperation.. Ufff..
You are such Pathetic!
_____________________________________________________________________________
PLD for the progress of our people..11 days for celebration
2012-3000
Because we need to live in peace
I'm not a Profet but what i wrote is what's going to happen IF the PLD goverment applies these IMF measures, there is NO MORE PATIENCE for PLD here, if they win it will ONLY BE becasue people don't like Hipolito AND NOT BECAUSE they Like PLD or Danilo, there is DIFFERENCE, a BIG DIFFERENCE between being elected becasue people like you or being elected becasue they hate other guy...if Hipolito is not there to be hated, GUESS WHO IS NEXT??
Reality Check for you before you even direct your childish moronic stupidity to response an intelligent comment
Again .. You are mentioning the killing of people in 1984, ordered by Jorge Blanco , when he was the president with PRD ?
I have to agree that Danilo is not the most charismatic guy in the whole world , but a way better option than Hipo burro.
What I REALLY disagree is that your post sound like in D.R. everybody is on the edge of a civil war. JB sent in the troops, and more than 100 Dominicans were killed, 500 more wounded and thousands arrested.
So, are you SURE that will happens again?
I REALLY think your post is OUT of CONTEXT and extremely pathetic. Even if you are in D.R. or not.
So, again , do you think D.R. is in the same political , financial condition and macroeconomic situation than 1984?
Than Danilo will have to face the ghost of Balaguer and Vincho against him?
Your ignorance is impressive, and I REALLY think you have a moronic stupid response and have no base to assuming VERY stupid conclusions out of the blue.
Shame on you !
Danilo will face the burden of 8 years of TERRIBLE GOVERMENT with ZERO toleration from a population that is right now SICK AND TIRED of his party, So it is Useless to even explain something YOU just CAN'T UNDERSTAND...
I pay here the gallon of Gas between U$4 and U$5 and it’s way cheaper than NYC or other places
I am 100 % positive that chicken here is WAY more expensive than there.. In a couple of years , it became a luxury..
“So it is Useless to even explain something YOU just CAN'T UNDERSTAND...”
Ok, do you have more options? You can choose Hipo burro to fix all your problems…But it sound way much more like playing a Russian roulette..
Got a point?
?
____________________________________________________________________________
PLD for the progress of our people..10 days for celebration
2012-3000