The 2008-and-2014 depreciations of the colon regarding the dollar were related to an effect of contraction for the national economy, in which there were increases in inflation and interest rates and a reduction in credits. In addition, in the labor market, the depreciation was accompanied by a reduction of employment and a contraction of real […]
Archives for October 2016
Bonuses will consume 42.5% from the 2.5-billion-colon salary budget for 2017
According to an analysis from the Office of the Comptroller General regarding the national budget for 2017, salary incentives will consume 42.5% out of the 2.5 billion colones that the government aims to spend on salaries in 2017, That percentage is slightly higher than spending on basic salaries, which will reach 39.8%. and it is […]
Panamanians arrested with more than 3 kilos of compressed marijuana
In a road control check point near La Amistad Bridge, that links Cañas and Nicoya, officers of the security forces captured 2 Panamanians, named Finn and Stuart, carrying packages of compressed marijuana. It was further confirmed that Stuart has a history of aggravated robbery. Both men were taken to the Prosecutor’s Office of Nicoya in […]
Government denies negotiations for more Chinese aircrafts
The possibility that the Government buys more Chinese aircraft was emphatically ruled out and it was even taken with surprise by President Luis Guillermo Solís, who said the country “cannot afford it”. At this time, … All the renovated equipment for the Air Surveillance Service of the Ministry of Public Security (MPS) in the coming […]
Crocodile that attacked tourist was captured and relocated
The crocodile behind the attack suffered by an American tourist on July 22nd in Tamarindo beach was captured and relocated on October 16th. According to an official statement from the Association of Integral Development of Tamarindo, they were able to catch it with the collaboration of officials from Las Baulas National Marine Park. The crocodile […]
Paracito’s new bridge opened gradually
Neighbors near the new Paracito’s bridge in Moravia received good news. The National Highway Council (CONAVI) reported that a lane structure will remain open all day and night, until further notice. The opening of this route has allowed residents of the area to move faster towards their homes or workplaces way. It is important to […]