“You Have To Moderate Spending” Abel Pacheco Tells Luis Guillermo Solis

By Rico

Pacheco says he does not regret having voted for Solis optimistic off meeting. Photo Francisco Herrera, Prensalibre.cr

Pacheco says he does not regret having voted for Solis. Photo Francisco Herrera, Prensalibre.cr

QCOSTARICA – Former president Abel Pacheco de la Espriella (2002 – 2006), in a meeting with President Luis Guillermo Solis this afternoon, voiced the sentiment of many Costa Ricans, the government must curb public spending before advocating higher taxes.

Solis, like he did last with former president Oscar Arias (1986-1990 and 2006 – 2010), paid Pacheco a visit as his home in Rohrmoser to discuss the fiscal and political situation of the country.

Former president Dr. Abel Pacecho (2002-2006)

Pacheco said the country, in economic matters, is “living in a very dangerous situation”, telling Solis “you have to moderate expenses”.

On taxation, the former president agreed with the administration’s plan for a change from the current tax on retail sales to a “valued added tax” or VAT and on income tax (renta in Spanish)

“If the situation is not remedied of these evils our children and grandchildren will not see the Costa Rica we know,” said Pacheco.

Meanwhile Solis was grateful to Pacheco for his comments, saying his government is promoting spending cuts and cut wasteful spending.

At the meeting that lasted about two hours, present were also the … continue reading