2013News

Medina: Austerity measures to stay

President Danilo Medina has extended the governmental austerity measures up to 31 December this year. They apply to all of the central administration, autonomous and decentralized government organizations.

Decree 262-13 establishes the level of government expenditure adjusted for the various institutional budgets.

This is the same as laid down in Decree 499-12 that was issued by President Medina on 22 August 2012, a few days after he took office. The decree bans public entities from spending money without having the appropriate budgets previously approved by the Treasury.

www.listindiario.com/la-republica/2013/9/16/292407/Medina-extiende-medida-de-austeridad-hasta-el-31-de-diciembre-de-este-ano