The Government of the Republic and the Union of Freight Carriers of Costa Rica, reached an agreement to lift roadblocks. This was confirmed by Juan Alfaro, Vice Minister of the Presidency and Citizen Dialogue. The decision was made after a meeting on Tuesday at the Presidential House, which was also attended by Monsignor Javier Román, […]
Costa Rica News, Summarized in English and Linked to the Source
Public Force: people who block streets with materials will face criminal charges
The Ministry of Public Security will impose criminal charges on people who are caught throwing materials to obstruct roads. This Tuesday, two wagons pulled sand and stones on a road in Muelle de San Carlos in order to obstruct the passage. In addition, the Public Force denounced that a group of demonstrators on the bridge […]
Exporters would have an extension to buy supplies without VAT
National exporters who sell at least 75% of their purchases abroad, would have an extension to buy their inputs without the 13% VAT surcharge. According to Taxation, a document was sent to President Carlos Alvarado that will give them six months of extension. The letters that are already valid would remain until the end of […]
Traveling to New York will be cheaper!
Low-cost airline JetBlue announced that it will offer the route from New York to San José as of November 1st. This flight will be permanent; leaving this American city on Tuesdays, Fridays and Sundays at 6.25 pm (local time), to get to Juan Santamaría at 10.50 pm. The return trip will depart from Santamaría at […]
Basic Passive Rate reaches its highest level in four years
On Thursday, the Basic Passive Rate (TBP) stood at 6.55%, that is, 20 points higher than last week, reaching levels not seen since the end of September 2015. The TBP is an average of collection rates of financial institutions such as banks or cooperatives and when it rises, debtors are affected in national currency. Therefore, […]
President backs Japdeva rescue plan, despite impact on finances
President Carlos Alvarado defended the plan intended to save the Port Administration and Economic Development Board of the Atlantic Coast (Japdeva), although it will have an impact on the country’s finances and fiscal deficit. The text that is processed under the file 21.476 in the Commission of Government and Administration of the Congress and that […]