According to Christian Daude, senior economist at the Organisation for Economic Co-operation and Development (OECD), Costa Rica’s top priority should be finding a solution to the fiscal deficit. Daude noted that there is little progress in the discussion of measures to reduce the fiscal deficit. The legislative is embroiled to decide what to reform. At the […]
Archives for June 2016
Goverment approves ¢500 million project requested by congressman
The government included an allocation of 500 million colones in the extraordinary budget, which will be used to build the first stage of the municipal gymnasium of Paraiso in Cartago, the town of congressman Jorge Rodriguez, from the party Unidad Social Cristiana (PUSC). When asked by the press, Rodriguez acknowledged that he had directly asked […]
Health risks increase for stranded migrants
Communications Minister, Mauricio Herrera, visited on Wednesday Peñas Blancas, a border crossing towards Nicaragua, to oversee the construction of a facility to provide the basic health needs for African migrants stranded on their way to the United States. Two weeks ago, a 23-year-old migrant male died of pneumonia on streets. The press reported the case […]
Gryphon II stops cigarette smuggling and tax evasion
In just two months, national authorities seized about 20 million units of illicit cigarettes at border posts, for wrong tariff classification and for not having permits issued by the Ministry of Health among other irregularities. According to estimates by the Risk Management Division of Customs, the tax evasion for this crime reaches ¢ 850 million. […]
American died in San José hotel
A 75-year-old American citizen died on June, 01st in Costa Rica Morazán hotel, in San José. Apparently the man died of natural causes. According to José Domingo Cruz, director of Public Force in San José, the event occurred at about 11:00 am in one of the rooms and they did not have access to the […]
Costa Rica measured contribution of nature in its economic growth
According to Banco Central, Costa Rica will know the contribution of its natural assets to the economic growth once they begin analyzing its environmental accounts. Environmental accounts allow to quantify the physical and economic value of natural resources and their importance to national wealth. Therefore, Banco Central will produce a series of indicators to analyze […]