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AGP Executive Report

Last update: 5 hours ago

Tax Reform Push: The Dominican government’s anti-crisis fiscal plan is moving through Congress, aiming to raise an extra RD$40–50 billion (total RD$80–90 billion with spending cuts) to cushion oil-price shocks, including a 30% corporate income tax for large firms for three years, higher taxes on checks/e-transfers, and new levies tied to airline tickets, casinos, gambling, and e-cigarettes. Small-Business Relief: The package also targets tax simplification—repealing the ISR advance payment for micro-enterprises and shifting small firms to three annual payments—while keeping ITBIS and most selective taxes unchanged. Fuel Price Stability: Officials say fuel prices could be frozen for three months if oil stays under US$95 a barrel. Business vs. Informality: CODESSD backs the reform’s simplification and anti-evasion goals but urges deeper action to tackle high informality that weakens tax collection and fairness. Public Health: The Dominican Society of Medical Oncology urges early prostate cancer screening, stressing that timely detection can mean survival rates above 99% over five years. Education & Health: A new study finds 37.11% of Dominican primary students are overweight or obese, raising concerns about long-term health and learning impacts. Trade & Agriculture: The Senate approved a bill to create a Dominican Institute of Cassava to boost production, processing, and exports. Health Security Cooperation: The U.S. and Dominican authorities completed specialized training to dismantle clandestine drug labs, including a new interagency team for synthetic drug sites. Sports & Media: The DR will broadcast all FIFA World Cup 2026 matches across TV, radio, and digital platforms via Multimedios del Caribe.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 5, 2026

Dinant says climate action is strengthening its business

EIN Presswire

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May 25, 2026

First Community Bank spotlights relationship banking for local businesses

EIN Presswire

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Jun. 11, 2026

Children's anthem and World Cup giveaway launch in New Jersey

EIN Presswire

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May 24, 2026

The Gifts of Pain launches Spanish edition for Mental Health Awareness Month

EIN Presswire


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Geography, Economics, Institutions: Reassessing the Western Hemisphere

Geography, Economics, Institutions: Reassessing the Western Hemisphere

Coast Guard Repatriates 32 Aliens to Dominican Republic

Coast Guard Repatriates 32 Aliens to Dominican Republic


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Jun. 11, 2026

VVT Med Expands into the Dominican Republic, Appointing Antilles Medical as Exclusive Distributor

GlobeNewswire, Inc.

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Jun. 8, 2026

Pilot, Copilot Killed as Private Jet Crashes in Dominican Republic

MENAFN

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Jun. 5, 2026

Dinant Says Climate Action Is Good for Business

EIN Presswire

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May 28, 2026

DP World Earns Top 5 Workplace Ranking in the Dominican Republic

GlobeNewswire, Inc.

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May 26, 2026

DP World to Expand Logistics Capacity in Dominican Republic With New US$100 Million Investment

GlobeNewswire, Inc.

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Jun. 3, 2026

USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

Office of the United States Trade Representative

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