National Business Council (Conep) wants a Fiscal Pact, not Fiscal Reform

Dolores

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Feb 20, 2019
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The executive vice president of the National Business Council (Conep), Cesar Dargam called for the Abinader administration to take on discussions for a Fiscal Pact and not impose a fiscal reform package as has occurred in the past. The Fiscal Pact was mandated by National Development Strategy Law (END 1-2 Law) signed in 2012, but Danilo Medina governments never opened the discussions at the designated floor, the Social and Economic Council (CES).

Last month, President Luis Abinader called for the taxation issues to be discussed during the Social and Economic Council meetings, as mandated by the END 1-12 Law. Yet, the government later decided there was no time to include the results in the 2022 National Budget and said it would expedite the passing of new tax provisions. The government, nevertheless, has not yet said what these will be.

Dargam says the country must avoid adding...

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