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Economy & Business - October 2005
PANAMA: Budget arrives in congress
The government sent its budget to congress in early October. This called for spending of US$6.7bn. OF this US$881m will go on capital projects. This is the highest figure for a decade and represents 5.5% of GDP. The government claims that the investments are being financed from revenue and not by debt.
- The Venezuelan model
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- The changes to the central bank's inflation index
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- Briefs
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- COSTA RICA: Hot-money investors pull out
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- DOMINICAN REPUBLIC: IMF board okays deal
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- CHILE: Caution from the central bank
- PARAGUAY: Income tax introduced
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- BOLIVIA: Economy relishes the power vacuum
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