No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCONAVI to Receive Road Repair Funds

CONAVI to Receive Road Repair Funds

FOLLOWING yet another rulingfrom the Constitutional Chamber of theSupreme Court (Sala IV), the FinanceMinistry has said it will transfer ¢18.5 billion($38.6 million) to the NationalRoadway Council (CONAVI) for roadrepairs, according to La Nación.That would put CONAVI’s budget at¢28.5 billion ($59.5 million) for the year,significantly less than the ¢53 billion($110 million) it is legally owed, the dailyreported. CONAVI, the Costa RicanConstruction Chamber, municipalities andprivate citizens – among others – havecomplained that the Finance Ministry isbreaking its obligations by not fundingroad repairs (TT, April 1).According to the Law of TaxSimplification and Efficiency, 30% of revenuesfrom gas taxes must go to CONAVIand municipalities for road repairs. Thatwould equal ¢53 billion for this year. TheFinance Ministry has already givenCONAVI ¢10 billion ($20.9 million) thisyear.The Sala IV ruled that the ministrymust turn over the tax funds in November2004 after a group of municipal leaderssued the ministry. However, FinanceMinister Federico Carrillo maintains thegovernment does not have the funds withwhich to comply (TT, Nov. 19, 2004).

Trending Now

Costa Ricans Embrace Global Entry Program

Costa Ricans show strong interest in the Global Entry program, which allows faster entry into the United States. Two months after its launch here,...

Starbucks adds limited-time MrBeast tie-in drink at select Costa Rica stores

Starbucks stores in Costa Rica are offering the Cannon Ball Drink, a limited-time beverage tied to a partnership with content creator MrBeast. The drink...

Venezuela parliament unanimously approves amnesty law

Venezuela's National Assembly on Thursday unanimously approved a long-awaited amnesty law that could free hundreds of political prisoners jailed for being government detractors.  But...

US Authorizes Oil and Gas Sales to Cuba Under Strict Conditions

The United States is authorizing the sale of oil and gas to Cuba, provided companies ensure the fuel will go to citizens and businesses...

Costa Rica Faces New Tariff Challenges as Trump Enacts 10% Levy on Imports

President Donald Trump declared a new 10% tariff on all U.S. imports today, just hours after the U.S. Supreme Court invalidated his prior tariff...

Costa Rica Sees 11-Fold Jump in Forest Fires as Dry Winds Fuel Crisis

Firefighters in Costa Rica report a stark increase in forest fires this year, with 33 incidents recorded. This number marks an elevenfold jump from...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica