Approaching zero for booth closing hour by

The technical mission chaired by Alejandro Santos is supposed to arrive in the country before the end of this month, in view of the still pending the closure of the seventh and eighth revisions to the agreement Stand by signed by the country in November 2009 for a period of 28 months, when it is poised to "zero hour".

However, according to private sources, even though he is unknown the exact date of the arrival of the IMF technicians, it is in the hands of the authorities "invite" to review the behaviour of the authorities in the financial programme which intends a disbursement 437 million SDR (special drawing, which is a basket of currencies comprising the US dollar rights)(, the yen, the euro and the pound sterling, used for the calculation of financing to member countries). Recently, it was reported that there was a meeting in Washington who threw very productive results on the subject, which is u000aspeaking of breaches by the deficit for public finances still meaning the electricity sector, before the run-up in fuel and crude oil prices in international markets.

During October-December 2011, the highest representatives of the Government economic team have travelled in two or three occasions to the headquarters of the IMF, which is compounded by visits by technicians Dominicans of the ministries of finance and the Central Bank and visits to various offices in the country, including an encounter additional with a mission different from that discussed the Pact Stand by, with a view to carrying out a study on the tax system dominicano.

Until yesterday, the IMF was only hanging in his official agenda knowledge of the cases of Rwanda and Tajiskistan for today; tomorrow Seychelles and Dominica; and the Wednesday 13 of Uganda and Burundi.

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Finance directs policy u000aTAX
income fiscal:
estimated that the budget for the year 2011 will close with growth for 2010, but with a major reduction in relation to the projected. Cut to 30 November, the citizen Portal registers executed income of RD data $337,870.4 million, from addresses taxes, customs, Treasury and public debt. Economists foresee that this year will be required to re-evaluate the budget approved.

Study of FMI:
the preliminary study on the Dominican tax system developed by the IMF is in finance, but is kept confidential. The report, according to sources, includes measures of expanding the base, elimination of exemptions and new loads.

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