
The Medina administration and the business sector announced on 13 March 2019 a plan to significantly cut red tape. The comprehensive plan, RD+ Simple, seeks to reduce government regulations and procedures at 37 government entities. These regulations currently are estimated to cost citizens RD$197 billion, or 5.46% of the Gross Domestic Product (GDP).
The goal is to achieve a 70% reduction in regulatory costs at the ministries of Higher Education, Public Health, Environment, Agriculture, Public Works and the Tax Agency.
The announcement was made by Rafael Paz, director of the National Competitiveness Council during the presentation of the RD+Simple Program, the public-private initiative that seeks to raise the efficiency of public institutions and forge a more efficient and competitive country.
Read more in Spanish:
Consejo Nacional de Competitividad
Read more in Spanish: Consejo Nacional de Competitividad
14 March 2019