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Dominican Republic: Project on Tariffs on Basic Foods Approved

2022-04-27T20:52:49.474Z


The Senate of the Dominican Republic approved a bill that suspends tariffs on basic foods for six months.


Ukrainian farmers, between defense and production 3:49

(CNN Spanish) --

 The Senate of the Dominican Republic approved on Tuesday the bill that totally suspends for six months import taxes on 67 food products from the basic family basket.

This project, which responds to an initiative of the Executive Branch, seeks to mitigate the effects of the pandemic, inflation, and the war between Ukraine and Russia, as explained by President Luis Abinader, whose signature depends on the law being enacted.

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The proposal levies a zero rate on certain goods that affect the cost of basic food for the Dominican family.

The initiative received the favorable vote of 19 of the 29 senators present, in a session marked by strong discussions between the members of the main party blocs.

Source: cnnespanol

All news articles on 2022-04-27

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