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Economy & Business - November 2011 (ISSN 1741-7430)
COSTA RICA: Budget approved but fiscal reform nixed
On 27 November Costa Rica’s opposition-controlled national assembly approved the budget for 2012 by 23 votes to 20. For the first time since 1957 the final approved budget plan reflects the will of the opposition, which controls congress, rather than the ruling party. The opposition cut the government’s original CR$5,872bn (US$11.8bn) budget proposal by CR$25bn (US$50m).
- What do the poverty figures mean
- Surprisingly good
- Gliding towards sustainability
- ARGENTINA: A raging argument
- CHILE: Growth slows
- PARAGUAY: The cost of the rising dollar
- URUGUAY: Inflation becomes a problem
- BOLIVIA: Microfinance problems
- COLOMBIA: Central bank tightens
- ECUADOR: Budget and new taxes
- PERU: Still growing well
- VENEZUELA: Growing respectably again
- COSTA RICA: Budget approved but fiscal reform nixed
- CUBA: Building from the bottom
- DOMINICAN REPUBLIC: Pre-election giveaway
- EL SALVADOR: Budget approved
- GUATEMALA: Congress approves US$7.6bn budget
- HONDURAS : No comment from IMF
- NICARAGUA: Ortega boosts budget
- Panama: IMF raises GDP forecast
- Big gas find in Argentina concentrates minds in Bolivia
- MEXICO & SHALE GAS: Onto the bandwagon
- CHILE: Codelco threatens Anglo over Mitsubishi deal
- Embraer cosies up to the US & finds its niche
- DEBT: Brazil upgraded