According to Andy Dauhajre, the export sector stands to make RD$75 billion with the devaluation of the peso and he feels that the government should get at least 10% of that money. As reported in the Listin Diario, Dauhajre, the economic advisor to the President, had advised President Mejia to seek a 10% tax on exports in order to pay the energy bill and the outstanding foreign debts. According to the economist, the debts had been calculated when the dollar was at RD$17 to US$1 and repayment at an exchange rate of RD$35 to US$1 would require a substantially greater amount of pesos. While some had said that the exporters’ bonanza had been overstated, Dauhajre said the calculations had been done based on Central Bank figures.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to Andy Dauhajre, the export sector stands to make RD$75 billion with the devaluation of the peso and he feels that the government should get at least 10% of that money. As reported in the Listin Diario, Dauhajre, the economic advisor to the President, had advised President Mejia to seek a 10% tax on … <\/p>\n