The National Business Council (CONEP) Eighth Business Convention 2015 ended yesterday, Wednesday 21 October 2015 with a call for the Dominican Republic to embrace the challenge of becoming a country that exports growing volumes of high-quality and diverse goods.
The convention ended after two days of discussion. The business sector leaders urged the government to provide incentives for innovation and allocate financial resources and tax revenue to promote growth and development, and to maximize the potential of natural resources and energy sources in the country. The participants also called for fiscal reform to reduce wasteful public spending and said that the private sector must have greater access to the pension funds, an estimated 98% of which are being used by the public sector.
As part of the conclusions, five proposals are being called the pillars for the country’s development. They will be presented to the presidential candidates for 2016, President Danilo Medina (PLD), Luis Abinader (PRM), Federico Antun Batlle (PRSC), Guillermo Moreno (AP) and Hatuey De Camps (PRSD), who were present at the conclusions.
The five pillars are:
Promote universal public access to the Family Health Insurance (SFS) through a model of primary care, expansion of preventive medicine, efficiency and quality of service.
Improve efficiency of the pension model.
Reform the Labor Insurance Risk Insurance for greater efficiency and eliminate extra charges.
Reform the Dominican Labor Code in keeping with the times, and encourage formal job creation and increased competitiveness.
Establish a system of migratory quotas to promote the inclusion of local labor and progressively implement the legal 80/20 for local and foreign labor, while implementing a large-scale investment plan on the border to reduce migratory flows.
The business leaders also called for the creation of the Economic Forum of Hispanic Caribbean, with Venezuela, the Central American nations, Mexico, Cuba and Puerto Rico as members. The purpose would be to counterbalance the Caribbean Community (Caricom) made up of English-speaking Caribbean countries.
The participants also emphasized the urgency of resolving the issue of the freight transport cartel, which they say is an obstacle to competitiveness.
http://www.listindiario.com/economia/2015/10/22/393100/conep-pide-hacienda-asuma-cuasi-fiscal-del-bc