HomeArchiveCosta Rica's 2009 budget beefs up social spending

Costa Rica’s 2009 budget beefs up social spending

 

Government spending on education, health care and the environment would all increase next year in the proposed 2009 budget that Finance Minister Guillermo Zúñiga handed over to the Legislative Assembly yesterday.
 
The assembly will now examine and make changes to the budget, which must be voted on before December.
 
The budget lays out about ¢4.1 trillion ($7.45 billion) in spending, which is an increase of 17.9 percent over this year’s budget.
 
“The growth is a little bit smaller,” Zúñiga said, referring to the current budget, which was 18.6 percent larger than 2007’s.
 
 
President Oscar Arias announced last week that the 2009 budget would emphasize social spending, dedicating 45 percent of the nation’s resources to key areas such as health care, housing, education, pensions and cash transfer programs to poor families and mothers.
 
Health spending, for example, would rise 37.6 percent. Avancemos (Let’s Go Forward), a program that gives monthly cash transfers to poor families in exchange for keeping their kids in school, would get $110 million, a 52 percent increase over 2008.
 
The Public Education Ministry would see a total budget of ¢1.1 billion ($2 billion), an increase of 37.5 percent over this year, Zúñiga said. According to the Finance Ministry, education spending represents 6.3 percent of Costa Rica’s gross domestic product (GDP). The Constitution was changed in 1997 to require government spending on education to equal at least 6 percent of GDP, however President Arias’ 2007 budget was the first to comply. 
 
Environment spending is also set to increase under the Arias administration’s budget. The Environment, Energy and Telecommunications Ministry (MINAET) would receive $52 million, a 36.6 percent boost over this year’s budget. Of that, about $20 million would go to the national parks system and $1 million would go to Arias’ broad environmental program Peace with Nature.
 

Trending Now

Costa Rica Opens Prison Modeled on El Salvador’s CECOT

Costa Rica's new maximum-security prison opens today, but no inmates move in until late October. Here is how it will operate, who goes first and the legal fight over its rules.

Costa Rica Ransomware Attacks Rise 39%, Microsoft Reports

Ransomware attacks targeting Costa Rica increased by 39% over the past year, placing us among the world's ten most affected nations, according to Microsoft's...

1 Million Coral Embryos Return to a Costa Rica Reef in a National First

Researchers in Manzanillo raised coral larvae in a lab for the first time in Costa Rica and returned nearly 1 million embryos to the reef.

Francisco Cerúndolo Falls in Shanghai as Breakthrough 2026 Season Faces Another Test

Francisco Cerúndolo's run at the Shanghai Masters ended Sunday with a 6-3, 3-6, 6-2 loss to Czech player Jakub Menšík, bringing another early finish...

Costa Rica Bills Would Keep Kids Off Social Media Until 14 or 15

Costa Rican children younger than 15 could be barred from opening social media accounts under one of two bills now before the Legislative Assembly....

Transnica Restarts Bus Service Between Costa Rica and Nicaragua

International bus company Transnica announced that it is restarting daily service between San José, Costa Rica and Managua today following a temporary court ruling...

Costa Rica’s Capital Gets a Temporary Forest and Free Saturday Music

A temporary forest at the entrance to the Central Bank Museums will host a free music event Saturday, giving residents and visitors yet another...

Snoop Dogg’s Costa Rica Promoter Says He Once Turned Down a Suitcase of Cash

Don Stockwell, the promoter of Snoop Dogg's now-canceled Costa Rica concert, told prosecutors he once rejected a suitcase full of cash and never suspected drug money.

Water Upgrades for Jacó, Quepos and Manuel Antonio Stall After Seven Years

A loan-funded program to upgrade water systems in Jacó, Quepos, Manuel Antonio, Limón and Guácimo has reached just 25% completion after seven years, according...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel