COSTA
RICA
Half 2006 budget to go on debt repayments
The bill for the 2006 National Budget recently presented to
the Legislative Assembly reveals some serious financial problems.
While the combination of salaries, pensions and the public debt
account for nearly 80% of the total budget, social security cuts
have been made in various areas. For some analysts, the question
of debt _ currently used as an instant solution to the budget
deficit _ will only be resolved by implementing the Fiscal Plan.