No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveInfrastructure Will Suffer Unless Tax Plan is Approved

Infrastructure Will Suffer Unless Tax Plan is Approved

UNLESS the tax plan currently beingdebated by the Legislative Assembly is approvedin the near future, the Public Worksand Transport Ministry’s (MOPT) budgetfor 2005 will be reduced dramatically.The institution’s budget for next yearis expected to be ¢23.89 billion ($54.66million) — ¢12 billion ($27.46 million)less than last year. Two thirds of the budget,or about ¢15 million ($34.32 million),will be used to pay salaries. MOPT’s budgetcould be increased if the Perma-nentFiscal Reform Package is approved, thedaily La Prensa Libre reported.The budget cuts will dramaticallyreduced the amount of money MOPT candedicate to repairing and maintainingroads, according to María Lorena López,Vice-Minister of Public Works.López expects 60% of MOPT’s equipmentwill remain idle in 2005 if the taxplan is not approved.

Trending Now

Costa Rica Presidential Hopefuls Unite Against Fernández in Debate

In last night's heated presidential debate hosted by the Tribunal Supremo de Elecciones, Laura Fernández of the Partido Pueblo Soberano came under heavy fire...

Costa Rica Highway to Close Temporarily for Wildlife Crossing Installations

Motorists traveling between the capital and the Caribbean coast need to adjust their plans this week. Route 32, the key highway linking San José...

Costa Rica Takes Home Top Wellness Honor from European Health Magazines

Costa Rica has won yet another major honor in the global travel scene, earning the title of Best International Destination at the Healthy Places...

Dancing with the Stars Host Julianne Hough Shares Costa Rica Vacation

Julianne Hough, the dancer and actress known for her work on Dancing with the Stars, has returned to Costa Rica for a vacation. The...

U.S. Real ID Rules Tighten for Domestic Flights, Impacting Costa Rica Travelers

U.S. airport security checkpoints have required REAL ID compliant identification for domestic flights since May 7, 2025, a rule that still catches some Costa...

Why Aryna Sabalenka Is Skipping Tournaments to Prep for Australian Open 2026

As the 2026 tennis season kicks off, world number one Aryna Sabalenka has spoken out against the packed schedule, labeling it as too demanding...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica