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NotiSur PDF file 1990 right arrow Aug

Ecuador: Oil Price Hikes Will Not Affect Plans To Reduce Public Spending

LADB Article ID: 070052
Category/Department: General
Date: Tuesday, August 7, 1990
By: Barbara Khol

On the evening of Aug. 1, President Rodrigo Borja and his cabinet approved a measure to reduce public spending in 1990 by 131 billion sucres ($163 million). Shortly thereafter, the news media reported that Iraq invaded Kuwait, causing a nearly i...

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