December 26, 2012

“Cold Turkey” approach – Interim Government chooses to eliminate deficit at once

WILLEMSTAD – The interim Government chooses for the hard cold turkey variant for the necessary restructuring of public finances, in which the deficit in the public sector will be eliminated at once, while being supplemented by economic incentives.

This is stated in the Memorandum of Finances associated with the 2013 draft budget, as recently presented to Parliament. Read more.

Curaçao Chronicle

Related,
Fuel and utility prices down - Curaçao Chronicle
Free education is likely to become expensive joke - Curaçao Chronicle

No comments:

Post a Comment