NewzThe Executive Branch of the Dominican Republic submitted a legislative proposal to the Senate on Thursday to repeal Law 47-20, which governs Public-Private Partnerships. The bill was formally presented by the Minister of the Presidency, José Ignacio Paliza, accompanied by the head of the relevant regulatory directorate.
Law 47-20, originally enacted on February 21, 2020, established the legal framework for collaborative ventures between the state and private entities. The submission of this new project initiates the formal legislative process to dismantle the existing regulatory structure for these partnerships.
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