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Center Bonó requests to address the social debt in the country

posted on: Feb 6 2012 8:40 by RDugey. Viewed 12 times.

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El Centro Bonó, entity seeking to contribute to the building of a just society, noted that the priorities of the State are still being released outside the direct benefit of the population.

Also States that social investment referred to in the general budget of the State remains low and has failed to overcome the barrier of 8% of GDP, settling for the year underway in the 7.6 per cent of the GDP.

Also stressed that there are two constraints, a budgetary macro, which affects the size of the budget; and another micro, which affects the quality.

"5% Of GDP which could raise the Government according to the tax, laws is already committed, because while a law sets a tribute, another declared exempt business that fails to pay RD$ 9,800 million in income tax," said Mariana Barrenese, Economist of the Bonó Centre.

Analysis of the situation
the institution conducted an analysis of u000ajuncture, meeting space that run each month, which focused on the current year's budget and what are the constraints operating on a possible expansion of public spending on social investment, under the title "do real social investment for when?.

"

El Centro Bonó raised the urgency of revising tax expenditure, as this could be a principle of solution to greater investment in education, health, social security and housing. In the analysis of priorities in which is reflected the budget noted that no social expenditure amounts to 10.4% of GDP, almost three percentage points more than the social investment.



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