1998News

Government submits new bills to Congress

The Fernández government has sent to Congress five major bills. These are: the reform of the social security system; transparency in public finances, including the creation of a Department of Government Accounting); make transparent and accountable the public procurement of goods and services; a Market Order Code, which appears to be the DR’s first stab at a competition policy (law combining antitrust, measures against restrictive business practices and unfair competition); a law to regulate the local stock market. The Presidency’s Technical Secretary, Temístocles Montás, announced the government plans to send up proposals for tariff reform; export promotion; prevention of risks at work (worker safety).