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Costa Rica's state power company put on a strict diet

Thursday, February 21, 2013


Costa Rica's state-owned power and telecommunications company, the ICE, has been put on a strict diet to improve its efficiency.

In 2011, the ICE registered losses of $44 million. Last year, there were no losses, but no profits either, and this year the aim is to register a profit.

The diet covers both a reduction on the ICE's spending as well as on its income.



Full story (in Spanish)