Financial services and insurance brokerage grew at a rate of 9,7% in March, according to BCR. This is an important progress compared to last year’s growth rate (5,5%). According to the monetary authority, placement and recruitment of resources -loans and savings- explain this result, since the private sector increased its credit demands and there is […]
Archives for May 2016
UN committee calls for independence of judges
The Human Rights Committee of the United Nations expressed its concern for judges independence in Costa Rica after receiving information about the trial that the Supreme Court opened against judge Carlos Sánchez, who ruled in favor of the rights of a gay couple. Sánchez, a family judge, issued a decision for recognizing a civil union […]
Deputy Minister against new tax
Fernando Rodriguez, Deputy Minister of Revenue and Finance Ministry, does not support the tax of ¢20 per every interbank transfer of ¢100,000 included in the Regional Development Bill. The initiative aims to establish a fund to benefit underprivileged areas. However, despite the good intentions of the proposal, Rodríguez disagrees for several reasons. One of them […]
Bill would lower taxes only for plug-in electric vehicles
The stimulus plan for purchasing electrical or hybrid vehicles will only be for those automobiles that require a plug-in to recharge their batteries. Thus establish the Bill of Incentive and Promotion for Electric Transportation, that is being discussed by the Legislative Assembly under the file 19.774. The goal of the bill is to reduce fuel […]
More Zika cases in Jacó
Zika has been detected in Pueblo Nuevo in Jacó. Last weekend 9 more cases were added to the previous 19 cases. Now, there are 28 registered cases, making Jacó one of the most affected areas Rodrigo Marin, director of the Vector Program of the Ministry of Health, revealed that the cases increased around 40% over the […]
Government wants to open doors for abortion
Legislator Mario Redondo denounced the government’s intention to extend regulations to therapeutic abortion in the country by decree. “Following a commission with the Ministry of Health where a decree to regulate therapeutic abortion is being analyzed, we understand that the Executive Branch has met with international organizations and Marvin Carvajal and it’s commited to adopt […]