Businesspeople and economists in the Dominican Republic are reiterating their call on the government to make savings in their internal spending, as a way of reducing the need to take on more debt. They say that wasteful spending by the PLD administrations has led the country to owe 50% of its Gross Domestic Product. An editorial in Hoy newspaper today, Tuesday 17 June, highlights the need for reducing political patronage, rationalizing government spending, and cutting large unnecessary payrolls.
Updated onUpdated on Jun 17, 2014 at 6:02 PM