It suggests feasible solution to challenges

The President of the American Chamber, Julio Virgil Brache, pointed out that the fundamental issues that govern the agreement signed with the International Monetary Fund (IMF) standby are related to subsidies given to the electric power industry and the tariff consumers, so suggested a solution politically viable.

Brache pointed out that "find a politically viable solution to the challenges offered by the sector will have impact not only in terms of competitiveness, but also for maintaining macroeconomic stability and access to capital for long term in international markets".

The President of Amcham-Rd spoke prior to presenting to the Vice-President of the CDEEE, Celso Marranzini, as guest speaker to the traditional monthly lunch of the entity, yesterday at the hotel Jaragua.

In the same way, cited that in terms of the national economy the authorities of the country have been able to maintain stability u000amacroeconomic and generate economic growth, which exceeds the region.

This situation, he said, has been possible by the support received from agencies international.

"The agreements signed with the International Monetary Fund, standby want to appreciate or not, are among the mechanisms that they have come together so we registration every year significant growth of our gross domestic product", said.

Brache stressed that if recalls to the path is that the country has become satisfactory note a year of financial turbulence in other latitudes have degenerated into high unemployment, decline and closure of business and fall of Governments, by a crisis which remains in force and that no one is to save.

World
in relation to the international environment, the President of the Amchamm-DR emphasized that the news coming from the two most important partners such as EE. UU. and the European Union, "these are not very" u000a"hopeful" that the economic growth of northern neighbour will not at the expected pace.

While the other side of the Atlantic, the euro reeling and even refers to his disappearance, therefore urged to be cautious.

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