{"id":124027,"date":"2019-03-14T13:01:19","date_gmt":"2019-03-14T13:01:19","guid":{"rendered":"https:\/\/dr1.do\/?p=124027"},"modified":"2019-03-14T15:49:11","modified_gmt":"2019-03-14T15:49:11","slug":"red-tape-in-the-dr-cost-5-46-of-gdp","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2019\/03\/14\/red-tape-in-the-dr-cost-5-46-of-gdp\/","title":{"rendered":"Red tape in the DR cost 5.46% of GDP"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/dr1.do\/wp-content\/uploads\/2019\/03\/Cosejo-de-Competitividad.jpg\" alt=\"\" class=\"wp-image-124057\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Cosejo-de-Competitividad.jpg 600w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/03\/Cosejo-de-Competitividad-300x200.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption>Rafael Paz \/ Consejo Nacional de Competitividad<\/figcaption><\/figure>\n\n\n\n<p>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). <\/p>\n\n\n\n<p>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. <\/p>\n\n\n\n<p>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. <\/p>\n\n\n\n<p>Read more in Spanish:<\/p>\n\n\n\n<p> <a href=\"http:\/\/competitividad.gob.do\/index.php\/es\/noticias\/item\/759-competitividad-presento-rd-simple-se-iniciara-a-gran-escala-plan-de-accion-del-estado-para-reducir-costos-de-regulaciones-y-tramites\">Consejo Nacional de Competitividad<\/a><\/p>\n\n\n\n<p>Read more in Spanish: <a href=\"http:\/\/competitividad.gob.do\/index.php\/es\/noticias\/item\/759-competitividad-presento-rd-simple-se-iniciara-a-gran-escala-plan-de-accion-del-estado-para-reducir-costos-de-regulaciones-y-tramites\">Consejo Nacional de Competitividad<\/a><\/p>\n\n\n\n<p>14 March 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2019\/03\/14\/red-tape-in-the-dr-cost-5-46-of-gdp\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/124027"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=124027"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/124027\/revisions"}],"predecessor-version":[{"id":124058,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/124027\/revisions\/124058"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=124027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=124027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=124027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}