The Plan

02.03.2004

Mesa presented his austerity plan (of sorts) Sunday night. There's no gasolinazo nor garrafazo in store — at least not yet. The entire plan includes 23 executive decrees & 3 bills presented for parliament's approval. It also involved six "focus areas": austerity; production, exports & job creation; solidarity; highway infrastructure; changes to the Ley de Hidrocarburos; and fighting the fiscal deficit. Mesa labeled his his strategy as a "heterodox." But while Mesa emphasized the idea of collecting more state revenue, his plan actually increased government spending in many areas.

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Posted by Miguel at 03:20 PM