American Expatriate Costa Rica

Law will allow Finance Ministry to use idle resources

The Ministry of Finance will have a tool to “absorb” all idle resources that institutions do not run within two years, and use them for the payment of the public debt.

The Efficient Administration of Public Resources Bill is about to be approved by the legislature.

This is one of the eight projects the executive branch sent to the legislative branch aiming to reduce the fiscal deficit, and it’s also part of the commitments negotiated with the opposition alliance to win the legislative directory on May, 1st.

crhoy.com