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Fiscal deficit exceeded ¢1.9 billion in November

December 18, 2018 by Staff News Writer

One month before the end of 2018, the government’s fiscal deficit exceeded ¢1.9 trillion, according to the Ministry of Finance. This figure is equivalent to 5.6% of the Gross Domestic Product (GDP). The Central Bank’s estimate for this year is 7.2% at the end of December. In the eleventh month of the year, the accumulated […]

Filed Under: News Reports

Steel Transnational Company threatens to stop production in the country

December 18, 2018 by Staff News Writer

The Ministry of Economy, Industry and Commerce (MEIC) decided not to impose a measure of safeguard against imports of construction rods, so the transnational company Arcelor Mittal reported that it has no incentive to maintain its production in the country. In a press release distributed on Tuesday, the company said it “does not play with […]

Filed Under: News Reports

RECOPE will pay $3,000 to deal with oil spill

December 18, 2018 by Staff News Writer

The legislators that make up the Special Commission for Costa Rica’s accession to the Organization for Economic Cooperation and Development (OECD) ruled on a bill that implies the Costa Rican Petroleum Refinery (RECOPE) must pay approximately $3,000 a year to a fond or in case of possible spills of hydrocarbons in the Costa Rican seas. […]

Filed Under: News Reports

CCSS asks families to vaccinate children against measles

December 18, 2018 by Staff News Writer

If you are in charge of children between 15 months old and 10 years old, take them to the nearest medical center to be vaccinated against measles. The Costa Rican Social Security Fund (CCSS) reports that of the 770 thousand doses, only 45 thousand have been applied, which is equivalent to 5.8%. The parents have […]

Filed Under: News Reports

Irazú Volcano is covered in frost

December 18, 2018 by Staff News Writer

Monday morning registered low temperatures in Irazú Volcano and the vegetation was covered with frost. According to the park rangers, during the early hours of Monday the temperature was two degrees Celsius and at 8:00 am it was still too cold. Yirlania Granados works in a local store and assures that she saw everything covered […]

Filed Under: News Reports

Did you feel the quake?

December 18, 2018 by Staff News Writer

According to the report of the Volcanological and Seismological Observatory of the National University (Ovsicori-UNA), there was a strong earthquake at 4:26 p.m. on Tuesday. It had a magnitude of 4.3 and was located 13 kilometers north of Quepos, at a depth of 18 kilometers. The preliminary report indicates that the movement was felt in […]

Filed Under: News Reports

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