A communication failure between the control tower and the Juan Santamaría International Airport radar caused a restricted operation of the country’s main air terminal. Through the Operations Directorate, Aeris, the concessionaire of the operation, explained that the airport remains open, but with some delays or changes. Interruptions in communication began to occur after 11:58 am. […]
In the absence of a tax reform, the Treasury contemplates layoffs
Minister of Finance Rocío Aguilar said they are going to have to reduce the number of employees, as one of the alternatives contemplated by the Executive Power after the legislator eliminated the basic basket and private education from the 2% of the value added tax ( VAT). What we can’t achieve with this project, we […]
PLN agrees to convince legislator to support tax on basic basket
The National Liberation Party (PLN) made a committed to the government to convince legislator Gustavo Viales to support the 2% tax on Added Value (VAT) on the basic basket, within the framework of the fiscal project discussion in the legislative committee created for this issue. This was the agreement reached on Thursday afternoon by the […]
President says exonerating basic basket and private education is a mistake
President Carlos Alvarado said that the decision by legislators to exonerating the basic basket and private education from taxes is a mistake. According to the president, “eroding” the tax package that his government defends could have repercussions in the future, after its approval, because the government will have to ask the Legislative Assembly for a […]
Second blow to the government: Legislators exonerate private education from taxes
With five votes in favor and four against, the legislators of the Special Commission of Fiscal Reform decided to exonerate private education from paying taxes, opposing the government’s proposal on the matter. The motion was presented by Congressman José María Villalta, who in addition to his vote, had the support of Eduardo Cruickshank and Melvin […]
Interests represent two thirds of the fiscal deficit
The payment of interest on debt service (both internal and external) represents 66% of the fiscal deficit, informed the Ministry of Finance, based on the fiscal figures cut to July. The longer the adjustment is delayed, the more resources we will have to devote to interest payments. This factor, coupled with the high rigidity of […]