Costa Rica - Financing of public investment programs 1965-1968 (Vol. 1 of 2) : Main report

RETURN TO | IR,ETURbI TO ~~~~~~~~~~~~~~R E S T R I C T E D REPORTS DESK WITHIN WH156 ONE WEEK WH156 Vol.l This report was prepared for use within the Bank and its affiliated organizations, They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION THE FINANCING OF COSTA RICA'S PUBLIC INVESTMENT PROGRAM 1965- 1968 VOLUME I February 15, 1966 Western Hemisphere Department  CURRENCY AND OTHER EQUIVALENTS U.S. $1 = 46.62 (colones) 1 colon = U.S. $0.151 1 quintal = 100 lbs.  TABLE OF CONTENTS Page No. MAP BASIC DATA SUMMARY AND CONCLUSIONS MAIN REPORT INTRODUCTION SIZE AND COMPOSITION OF THE PUBLIC INVESTMENT PROGRAM 1965 - 1968 2 DOMESTIC FINANCES 7 The Problem 7 Central Government Expenditures 9 Central Government Revenues A Fiscal F'rogram 20 Savings of' Autonomous Agencies 24 Local Borrowing 25 BALANCE OF PAYMENTS 27 CONCLUSIONS AND RECOMMENDATIONS ON CREDITWORTHINESS 32 ANNEXES I - STATISTICAL ANNEY II - MAIN SECTORS III - THE EDUCATIONAL 'SYSTEM OF COSTA RICA AND ITS FINANCES (separate volume).  4? ~P A N A M A ' ' ' ''' ' m s [