http://ca.reuters.com/article/businessNews/idCABRE85D14Z20120614?sp=true
A veritable fortune in mining tax revenues...up to $3.5 billion...is sitting idly in provincial coffers...while citizens infrastructure demands...and impatience over lack of progress... morph instead...into more anti-mining protests.
Reuters says that none of the 16 provinces has spent all their funds on badly needed water, sewage and electricity projects.
Often...local officials in poor regions instead waste money on unneeded projects like showy plazas, heated swimming pools and bull rings.
Popular Posts
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- RUSSIA : Woman Boss Demands Sales Growth...Or Foto Strip Down.