Solis Takes Costa Rica Presidency Vowing Deficit Cuts
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Costa Rica President Luis Guillermo Solis, in his first speech to the nation after being sworn in, said the Central American country’s fiscal deficit threatens the economy and should be resolved within two years.
“We need to be able to resolve the deficit within the next two years, maximum, as it is perhaps the biggest challenge we face,” Solis, 56, told a crowd of cheering supporters at the national stadium in San Jose today after receiving the presidential sash from outgoing President Laura Chinchilla.