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Government’s Revenues Improve
Regarding finances, the
Government of Costa Rica started
on the right foot this year. In
January, the taxes collected
were 43% more than in the same
month last year.
If the increase in the cost of
living in that period is
accounted for, the increase is
still 3%.
On the other hand, expenses
increased 16% – inflation not
included – between January 2006
and the same month this year.
According to Minister of
Finance, Guillermo Zuniga, the
increase in spending is
explained because of the
increase in hiring in public
employees and other factors,
pointing out increased spending
on education, infrastructure,
law enforcement, science, and
technology.
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