Economy

Economy March 12, 2021 | 8:24 am

Dominican Gov. fuel subsidy to reach US$275.9M in 2021

Santo Domingo.- The subsidies granted by the State for fuels will total RD$16.0 billion (US$275.9 million) this year, or equivalent to 0.33% of the GDP. Nonetheless the Government seeks to ease that burden through revisions to the method of aid granted to the sector through the tax exemptions, as announced by President Luis Abinader this week. Although the president did not offer details on ... Read more

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