IMF: Time Is Running Out For Costa Rica

The International Monetary Fund (IMF) mission visited Costa Rica during February 23 – March 7, 2016
(Q24N) The International Monetary Fund (IMF) is once again emphasizing Costa Rica for more efficient public spending and making cuts before a fiscal adjustment comes into force, in a form that is “draconian and with emergency measures”.
In education alone, an area into which almost 8% of GDP goes, the IMF asys there is ample room for improvement. Lorenzo Figliuoli , head of the IMF mission that visited the country said at a news conference that in this category “… better results are obtained in countries where less than half this amount is spent, such as Chile, or much less than countries that spend the same as Costa Rica, like Finland

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