National Institute of Price Stabilization
The National Institute of Price Stabilization (Spanish: Instituto Nacional de Estabilización de Precios) better known for its acronym in Spanish, INESPRE, was created by the law No.526, issued by the Executive Power of the Dominican Republic, on December 11, 1969. The National Institute of Price Stabilization offers support and provides services inside the national system of agricultural commercialization to improve the profitability and competitiveness of agricultural producers, and increase the purchase power of local consumers. Currently, INESPRE is directed by Jorge Radhamés Zorrilla Ozuna, who was designated by President Danilo Medina on August 20, 2012  by the decree No. 468-12, article 2. History. When INESPRE was created, its main activities were: Objectives. General: Specific: 2012-2016 Administration. During the current administration, Jorge Radhamés Zorrilla Ozuna has developed important initiatives to help local producers, consumers, and the institution which has contributed to improve the financial situation of producers, consumers, and suppliers. The new philosophy of the institution is to “offer support and services in the national agricultural system in order to improve the profitability and competitiveness of local producers as well as the purchase power of consumers, specifically those of lower income”. Its new vision  is “to be in charge of the merchandising process, contributing to the reduction of the margins of intermediation to benefit producers and consumers by working efficiently and with transparency”. The institution's lineaments inside its new mission and vision are: Accomplishments. Under Jorge Radhamés Zorrilla Ozuna´s administration, INESPRE has benefitted consumers, guaranteeing fair prices to agricultural products and strengthening local producers' trust by protecting them from sudden price fluctuations in products of massive consumption. Other accomplishments include: