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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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  1. I have never seen anyone with greater expertise in pissing away money for no purpose than the

    Government of Costa Rica. When I came here 20 years ago, it was a joke—like every government paper requiring stamps—that cost pennies, but were never sold near where they were required. In Mexico one had to be aware of the highway robbers & be ready for defense—but in Costa Rica the highway robbers wear government-issued weapons & drive shiny new cars. They used to say: “Pay me $10 or I’ll write a $20 ticket.” —but now it is $260/$130. I refuse to let any Costarican doctor take a knife to me in a place where they do not provide water or toilet seats in their bathrooms, but if I did, I would have to pay some overpaid clerk a healthy bribe to get surgery within the decade.

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