US President Donald Trump said on Wednesday that up to 15,000 troops could be deployed on the US-Mexico border to stop Central American migrants. With respect to the caravan of migrants, our military is deployed. We have 5,000 and we’re going to go up to 10,000 or 15,000,” said Trump from the White House grounds. […]
Costa Rica News, Summarized in English and Linked to the Source
Lower vehicle property tax this year
The owners of more than 2.3 million vehicles will pay on average 7.76% less for the property tax on vehicles in the collection for 2019. This was announced by the Ministry of Finance on Wednesday night. The entity estimates a total collection of ¢175 billion with this tax. Citizens may find out the tax value […]
NR demands explanations from Central Bank regarding exchange rate increase
The National Restoration Party (PRN) made an urgent call for the president of the Central Bank, Rodrigo Cubero, to explain the situation of the dollar as well as the market projections. The sale of the currency reached ¢629 on Thursday. The head of fraction Carlos Avendaño said that this rise generates an impact on the […]
Bloomberg warns about this government’s financing problems
The stock information platform Bloomberg alerted on Wednesday about Costa Rica’s financing problems. According to the site, the demand for debt swaps, in which it managed to extend indebtedness by ¢ 400,000 million, was below expected and the offer of placement contracts had a low participation. It means that Costa Rica is having financing problems,” […]
Attorney General has more time to investigate cementazo
The Criminal Court of Finance of Goicoechea accepted the request of the Public Ministry to declare cementazo as a complex procedure case. According to the Public Prosecutor’s Office, in a document on the terms of the Criminal Procedure, a case can be declared complex because of the high number of facts being investigated, the number […]
Costa Rica became more difficult for business during Solís’ last year
Doing business in Costa Rica has become more difficult in the last year, according to the latest ranking of the Doing Business 2019 report, prepared by the World Bank, in which 190 countries participated. Costa Rica was ranked 67th this year, six places lower than a year earlier, below Mexico, Chile, Puerto Rico and Colombia. […]