Aggressive Austerity Plan in El Salvador

Mauricio Funes ordered rationing measures regarding public expenses in the areas of publicity, purchasing of vehicles, phone systems, etc.

Friday, June 12, 2009

Along with these measures is the creation of a commission for the investigation of any anomalies in the different accounts receivable portfolios of the public system.

La Prensa Gráfica publishes in its web portal: "Among the measures that will be implemented is the creation of a mechanism for inter-institutional coordination to carry out joint purchasing of services and products. Funes explained that when making purchases in large quantities it is easier to obtain better pricing in areas such as telecommunication services, bottled water, and security, among others."

More on this topic

IMF: Time is running out for Costa Rica

March 2016

The institution is once again emphasizing more efficient public spending and making cuts before a fiscal adjustment comes into force, in a form that is "draconian and with emergency measures".

Making cuts and improving efficiency in public spending is once again the main recommendation of the International Monetary Fund.

Honduras: A Different Kind of Government

May 2014

President Juan Orlando Hernández has completed his first 100 days in office with an executive style that is vastly different.

The article Elheraldo.hn reports that several sectors have felt, "an unprecedented economic and social change" since Juan Orlando Hernández took office as president.

Public Officials Increase Their Salaries

October 2012

In light of increases of salaries of mayors and councilors, business leaders in El Salvador are urging the austere and responsible use of public funds.

A statement from the Chamber of Commerce and Industry of
El Salvador reads:

Public servants should not misuse the resources they manage

Less Spending, Tax Evasion Control and Tax Reform

January 2011

Costa Rica's government announced the measures it intends to implement in order to deal with growing government spending and improve public finances.

The press release from the Ministry of Finance highlights the three pillars of the measures and the actions to undertake in each of them:

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