On 19 March 2019, Dominican Republic’s Committee of Public Finance proposed a bill on fiscal transparency in the House of Representatives. The main purpose of this bill is to public disclosure of high quality fiscal data & information in budgets, forecasts, outturns etc. Additionally, the bill includes following statutory framework:
- Provisions and guidelines for fiscal transparency;
- To create a supervisory body for the fiscal transparency regime and evaluation; and
- To make a time frame for the tax authorities if they propose or amend administrative and collection measures before annual budget bill.
