SANTO DOMINGO – After announcing last Saturday the withdrawal of the Fiscal Modernization bill from the National Congress agenda, President Luis Abinader declared yesterday, Monday, that the Government has no other proposal for fiscal reform and that it will make the budgetary adjustments that the country needs.
"We don't have another tax reform proposal; what we have announced is to make the necessary adjustments. We have had to govern at a difficult time," the president emphasized, while answering questions on LA Semanal con la Prensa.
"We're going to have to go back to the budget we have; the people have spoken. We'll make the necessary adjustments. We have to finish the unfinished projects, but we have to be careful to keep the debt level under control," the president said.
President Luis Abinader. (External source).
He stated that the country will continue to grow, that there will be large investments, and that employment levels will be maintained.
He added that, “when we look at the level of debt today in the non-financial public sector, which is the Government, it is 3% less than when we came into government. We are going to make adjustments, but we have no other proposals.”.
He argued that to reduce tax evasion, it will be mandatory to implement electronic invoicing and the application of the Fiscal Responsibility Law.
The retirement
EAbinader stated last Saturday, in a message to the nation, that he has always been faithful to the principle that in a democracy everything can be achieved with the people, but nothing against the people, and therefore he is proceeding to request the immediate withdrawal of the Fiscal Modernization Bill from the agenda of the National Congress.
In a message to the Dominican people, the president expressed that the voice of the people has reached his ears, that he has heard their concerns, their reservations, their worries, and has felt the pulse of the nation in every corner, in every conversation, in every space where their voice has resonated, and he understands that the proposed Fiscal Modernization Law does not have the necessary consensus to be approved.
"A true democratic government is not afraid to amend its decisions when it listens to the people, because listening is a sign of strength. And I am a president who listens. I am not isolated, I don't live in a bubble," the president stated.
He also added: "I read the newspapers, listen to the radio, watch television, meet with all sectors, check social media, travel the country; and besides being president, I am a citizen, son, brother, husband, father, friend, someone who, like you, can hear the collective rhythm of discontent.".
He maintained that “in the past, to the rhythm of those beats, I defended democracy. Now I also feel and hear them. Then and now I value them equally.”.
