Q COSTARICA
Former President Luis Guillermo Solis is being blamed for the country’s current financial situation, his government being accused of disguising the ‘real size’ of the debt facing the country in 2018.
Former president of Costa Rica, Luis Guillermo Solis and to his right, former minister of Finance and vice-president, Helio Fallas
A report by La Nacion expalins how Solis knew the situation, so much so that he moved money from one side to another to try to cover the leaks. However, he did not inform the Legislative Assembly of the situation and left the current administration a gigantic gap in the Budget.
The shortfall is almost ¢800,000 million (as figures with lots of zeros are reported in Costa Rica) because of two major problems.
Debt Swaps
Last year, the Ministry of
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