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Costa Rica has cash to fix roads but fails to spend it

Thursday, January 3, 2013


Costa Rica's highways council, Conavi, has used only 2 percent of $850 million in funds that are available to fix the nation's roads.

The money is in the form of an Inter-American Development Bank loan.

Since the first $300 million deposit was made in 2010, so far the loan has generated only one project.




Source (in Spanish): La República