The Growth of fiscal deficit, seen as a growth on the shortfall in government finances, is generating a higher debt and affecting the domestic interest rates. Furthermore, in order to meet interest payments and compensation, authorities have sacrificed capital expenditures (investments) which affect the competitiveness of the economy. That is the way economists from Acobo […]
Pacheco: “the debt is starting to be unstable”
José Francisco Pacheco, deputy minister of Expenditure, declared on September 19th that government’s debt is starting to be unstable. It’s like a snowball. The government is paying a great amount of money on interests. It endangers the economic support of the country. It has a great socio-economic impact, stressed the official. Pacheco explained that the […]
Pre-trial detention for alleged procurer
A man surnamed Burgués will spend 2 months on pre-trial detention on suspicion of procuring in Escazú. The Criminal Court on Special Duty made the decision after arresting him in a hotel, where several women prostituted themselves and he received part of their money. Burgués was arrested because the Judicial Investigation Organization (OIJ) has received […]
Supreme Electoral Tribunal will be closed on Thursday and Friday
The Supreme Electoral Court (TSE) will be closed on September 15th due to the Independence Day’s holiday and on September 16th since it is a day off for the staff in San Jose headquarters and its 32 regional offices. TSE services will resume on September 19th as regular: from 8 a. m. to 4 p. m. The www.tse.go.cr […]
Fuel is cheaper! Price reductions are official
From September 1st, fuels are cheaper. It was published on Wednesday in La gaceta. As consequence, Super fuel now costs 566 colones, Plus fuel has a value of 541 colones and Diesel is 443 colones. In the case of liquefied gas, which also had a price reduction, it now costs 230 colones. According to the […]
Experience a true natural show in Bahía Ballena
The best two weekends to enjoy dolphins and whales sightings will be from September 2nd to September 4th and from September 9th to September 11th in Bahía Ballena, these mammals’ favorite place. As a result, a touristic festival will be held. The festival is for families and it will include whale watching tours, athletic, cycling, […]