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Honduras: 20% Public Spending Reduction In 1992

LADB Article ID: 062290
Category/Department: General
Date: Friday, March 6, 1992
By: Deborah Tyroler

On March 2, Treasury Minister Benjamin Villanueva told reporters that the government plans to reduce public spending by US$50 million or 20% this year. The target is a fiscal deficit less than 4% of GDP. Cutbacks will occur in all non- priority ...

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