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Spain Agreed To Forgive Costa
Rican us$58 Million Debt
The Secretaria de Estado de
España (Spains Secretary of
State), Trinidad Jiménez,
arrived in Costa Rica yesterday
to meet with president Oscar
Arias, Costa Rican foreign
minister, Bruno Stagno and the
president of the Legislative
Assembly, Antonio Pacheco.
On the head of the list of
discussions is the decision by
the government of Spain to
forgive the massive debt Costa
Rica has accumulated with the
European nation.
Spain said it would cancel Costa
Rica's debt of us$58 million
dollars under a mechanism that
would permit the country to
channel funds to better
education, especially in rural
communities and the indigenous.
The request for the debt
cancellation was made by
president Arias to his
counterpart in Spain, José Luis
Rodríguez Zapatero, last
November, during the Cumbre
Iberoamericana, that was held in
Uruguay.
Jiménez, was greeted yesterday
on her arrival and today will be
at Casa Amarilla (the Costa
Rican foreign ministry) in
meetings with Stagno and later
will be at Casa Presidencial to
meet with president Arias.
Jiménez is expected to leave
Costa Rica later this afternoon.
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