FOUR-YEAR PLAN TO CUT DEFICIT
Tema(s): En: Financial Times 20 ene. 1999, p. 5Resumen: Ecuador's government aims to cut the country's fiscal deficit to 2.6 per cent of gross domestic product in 1999, from 5.9 per cent in 1998, according to a four-year economic programme outlined by President Jamil Mahuad to Congress. The government predicts it can achieve fiscal balance by 2001 and a small surplus the following year. "We can't do everything at once but we can over four years," said Mr Mahuad. Without specifying in detail how this will be achieved, Mr Mahuad pledged to cut public spending but called on Congress, which has so far opposed new taxes, to raise additional income. The president emphasised that Ecuador was facing the worst economic crisis for 70 years.| Tipo de ítem | Biblioteca actual | Signatura topográfica | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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Analítica de Seriada
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-019981 (Navegar estantería(Abre debajo)) | Financial Times. 20 ene. 1999, p. 5 | Disponible |
Ecuador's government aims to cut the country's fiscal deficit to 2.6 per cent of gross domestic product in 1999, from 5.9 per cent in 1998, according to a four-year economic programme outlined by President Jamil Mahuad to Congress. The government predicts it can achieve fiscal balance by 2001 and a small surplus the following year. "We can't do everything at once but we can over four years," said Mr Mahuad. Without specifying in detail how this will be achieved, Mr Mahuad pledged to cut public spending but called on Congress, which has so far opposed new taxes, to raise additional income. The president emphasised that Ecuador was facing the worst economic crisis for 70 years.
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