Archives for November 1, 2016

In an unprecedented move, the Salvadoran prosecutors accused detained, former president Elías Antonio Saca (2004-2009) and 6 of his colleagues of having diverted 246 million dollars, part of which were paid in cash. The surprise announcement was made by Attorney General Douglas Meléndez during a press conference in which he revealed that large amounts of […]

With 47 votes in favor, the Congress approved in first reading an authorization to the Rural Development Institute (Inder) to condone rural owners’ debts acquired by the granting of land with the former Agrarian Development Institute (IDA) before December 31st, 2005. Under the initiative, debts equal to or less than 6 million colones will be […]

The government is waiting: it wants the Legislature to approve the proposed new taxes by March because, due the electoral activities among the political parties, it will be complicated to do it later. This was admitted by Minister of finance Helio Fallas after a meeting on October 31st with members from Partido Acción Ciudadana (PAC). […]

On October 31st, at 08:22 p.m., an eruption was recorded in the Turrialba volcano, with a column of smoke that rose to 500 meters above the crater and with a height of 3,840 meters above sea level. The information was provided by Jorge Brenes from OVSICORI. So far, it has not been reported ash fall […]

The National Wages Council approved a general increase of 1.14% for minimum wages in the private sector, except for domestic workers, who will receive an increase of 1.5% This will be published by decree in the Official Gazette in the coming days. The increase will be effective from the first half of January 2017. Likewise, […]

On October 31st, the updating of the tax on vehicle ownership for 2017 fiscal year it was published in the Official Gazette. There is a list of values for vehicles, aircraft and boats, as well as the amounts of “value” and the “minimum rate” signed by Vice Minister of Revenue from the Ministry of Finance […]