Nicaragua presents plan for global crisis
The measures presented by the Government include the reduction of public spending, the promotion of food production and the development of
Wednesday, January 21, 2009
Invertia.com reports: "The president said that they will request $500 million from the Central American Bank for Economic Integration (BCIE) and the Inter-American Development Bank (IDB), in order to push infrastructure projects and promote production.
The Government of Costa Rica is putting emphasis on social spending and investment in public works as measures to deal with the contraction of the economy.
Fitch Ratings predicts that the world's major advanced economies will next year experience the steepest decline in GDP since World War II.
Tomorrow, leaders from the region will analyze a packet of recommendations on how to deal with the crisis.
The Minister of Public Works of Panama es convinced that to weather the crisis investment in infrastructure must be widened. Below he explains how he is doing that.
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