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Panama: Public Spending Cuts

LADB Article ID: 069504
Category/Department: General
Date: Wednesday, September 26, 1990
By: Deborah Tyroler

On Sept. 24, Comptroller General Ruben Carles announced public spending cutbacks to cope with higher-priced oil imports, and to prevent "inflationary chaos." He said a hiring freeze on public employees is in force, as well as a wage and salary f...

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