Before departing, they told reporters that they have placed the possibility of joint ventures with assistance from international aid donors high on their agenda. Another area he thinks both countries should jointly develop, once Haiti improves its existing infrastructure, is tourism. This drop in the selling price of the U.S. currency has also been felt by the informal market.
Banks report there is a good supply of U.S. dollars, but there appears to be little demand.
Currency analysts believe this reduction in the value of the U.S. dollar against the peso is a direct result of the steady influx of U.S. dollars entering the economy from remittances by Dominican expatriates, and the revenue from tourists visiting the country. Leaders ask government to adjust income tax Trade unions, business associations, political leaders, and economists have voiced concern about the government's failure to comply with a law on income tax adjustment passed in 1992. Article 327 of the new Dominican Tributary Code obliges the government to adjust annually the income tax wage brackets to compensate for the effect of inflation. It was also decided that the Consumer Price Index of the Central Bank should be used as the indicator for the adjustments for inflation. The measure was intended to guard the workers' real wages from being eroded.