TICO TIMES
Costa Rica closed 2018 with a fiscal deficit of 6 percent of its GDP, below the 7.2 percent that had been projected by the Central Bank, President Carlos Alvarado said Monday.
The president attributed the reduction to the government’s focus on curtailing expenses, fighting tax evasion and improving efficiency. Costa Rica had closed 2017 with a deficit of 6.2 percent.
Before traveling to the World Economic Forum in Davos, Switzerland, Alvarado explained that the deficit was reduced
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