Costa Rica imposes 20 percent cuts on public spending to avert fiscal crisis
The Costa Rican government of Laura Chinchilla set up a series of sharp cuts in public sector spending.
The cuts have been imposed to thwart a fiscal crisis. They mean immediate reductions of 20 percent in budgets of state institutions.
Cuts are being imposed in areas such as travel expenses and transport, support and consultancy services; food and drink; advertising and propaganda, and general expenses.
Original source (in Spanish): La República