Economy July 11, 2019 | 1:27 pm

Salary hike peeves merchants, announce closures

Santo Domingo.-  Dominican Merchants Federation (FDC), president Iván García, on Thursday said that due to Tuesday’s decision in the National Wages Committee to raise the minimum wage by 14% without reclassifying the micro, small and medium companies will paralyze commerce across the country, as a sign of rebuke with the measure.

During a press conference, García said that next Wednesday they will set the dates and the first towns where the economic activities will start to be shuttered.

“Next Wednesday with the filing of the appeal against the resolution of the salary increase before the Superior Administrative Court (TSA) we will automatically tell the country the dates of the stoppages,” he said.