Budget revenues would be sobreestimados

The budget of income and public of 2012 spending bill, will reportedly remain deficit by "motu proprio", taking into account the estimates of income projected the period face a world of lower growth context and important weight that will mean in public finances transfers as the recapitalization of the Central Bank and other public debt amortization.

For the next year the established budget is RD$ 430,000 million, almost 20% more than this year, however was prepared providing a normal growth of the economy of 5.5%. What draws attention is that you by the year 2012 all the economies of the world, including those of the two main trading partners of the nation, us are suffering lower growth forecasts and that some could be reflected in the current account of balance of payments at the end of the year.

The situation, however, did not move to u000aconcern provided that they make adjustments in the internal of public finances, due to sectors of the private sector have projected significant growth in exports of minerals and other goods that are coming to other latitudes, as a means of diversification of supply exportable.

The theme has to do with investment, tourism, and other factors that somehow "amarrarían" to the next Government that may not have funds to partly cover the huge social debt weighing on the economy and also bring a big headache to the directorates of customs and internal revenue to meet the target set.

To September this year tax revenue forecasts showed a low in estimates of RD$ 6,929.4 million, which some consider that it will exceed the RD$ 8,000 million at the end of the year.

This year provides for allocated RD$ 18,859.0 millobes for the u000arecapitalisation of the Central Bank and by 2012, are estimated to RD$ 23,782.7 million, which in turn implies a fiscal burden of 1% of GDP and 24 times more than the allocation to entities such as the Ministry of tourism is Rd $1,025.72 million.

Up to 2016 the forwarding will reach 1.4% of GDP. 2008 To date have been awarded RD$ 47,000 million.

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Estimation of revenue of 2012
of revenues projected for 2012, Customs will provide 25% of total receipts, but in January of next year should be not already charged ITBIS through Proindustria, and in general you should capture RD$ 75,417.6 million; Taxes (DGII) internal, RD$ 253,360.3 million; and the Treasury $101,222.8 million.

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