For industry representatives, the Central Bank of Costa Rica could be too optimistic when maintaining GDP growth projection at 4.2%, because two months ago the World Bank lowered the projection from 4% to 3.3%. This was explained by Francisco Gamboa, executive director of the Chamber of Industry, who added that in the specific case of […]
The colón has depreciated 2.4% against the dollar
The Central Bank of Costa Rica informed that from January 1st to August 1st 2016, the colón has depreciated 2.4% against the dollar. According to Roger Madrigal, director of the Economic Division of the organism, several factors have influenced on this depreciation, such as a lower trade surplus. In addition, foreign currency demand from Non-Financial […]
Surveillance will increase in the southern border
Minister of Communications Mauricio Herrera announced that from today police surveillance will increase in the southern border to prevent the massive influx of immigrants. In addition, on those who don’t have regular immigration status will be deported. Moreover, the government will strengthen health system for those immigrants who have documents issued by immigration authorities. Immigrants […]
Two more immigrants were found dead on Lake Cocibolca
On Wednesday, two more immigrants without documentation were found dead on Lake Cocibolca in Nicaragua, near the border with Costa Rica. According to forensic examinations, 10 immigrants have drowned since last Sunday. Police explained that the bodies were found on the estuary of Sapoá River in the bordering province of Rivas, where more than 2,000 African […]
INCOFER new president will be appointed
President Luis Guillermo Solis declared that Costa Rican Railway Institute (INCOFER) president must be appointed within the next eight days so that, the service is not affected. On July 17th, Guillermo Santana resigned as head of INCOFER for personal reasons. On June 28th, Modernization Law was signed. As a result, the new president will be […]
Figueres will meet more member states
When asked about Chistiana Figueres’ candidacy to the United Nations Secretariat, minister of Foreign Affairs Manuel González answered: Nothing is decided until everything is decided. He declared that results are preliminary and she will keep meeting other member states, whether they are permanent members of the UN Security Council or not. On July 25th, 2016, […]