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

Home Invasion Forces Canadian Visitors to Leave Costa Rica

A Canadian couple from Nanaimo shared details of an armed home invasion that cut their vacation in Costa Rica short. Louise Fleming and Drew...

Djokovic says Alcaraz equipped to extend winning streak

Novak Djokovic believes world number one Carlos Alcaraz has what it takes to keep his 2026 winning streak alive, and the Serbian star who...

Motorcycles Account for the Majority of Road Deaths in Costa Rica

Motorcycles continue to take the heaviest toll on Costa Rica's roads. In January and February this year, 63 people died while riding motorcycles. Those...

Oil Prices Hits Highest Since 2024 as Costa Ricans Brace for Rising Gas Bills

Oil prices kept surging today as markets fear the conflict with Iran will drag on, potentially causing major supply disruptions. The Strait of Hormuz...

Questions Rise Over Visas and Security before FIFA’s 2026 World Cup

Donald Trump's brutal immigration crackdown, polarized politics and a war unleashed on Iran have tarnished the global image of the United States just under...

Costa Rica Installs First Sun Meter to Cut Skin Cancer Risk

The College of Physicians and Surgeons installed the country’s first solmáforo at its Sabana Sur headquarters as a pilot project to promote daily protection...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica