No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFacing $100 million in damage, Costa Rica seeks cash

Facing $100 million in damage, Costa Rica seeks cash

Four days after an earthquake caused an estimated $100 million damage in Costa Rica, President Oscar Arias declared a state of emergency yesterday to speed rescue and recovery efforts.

The decree frees state resources to rebuild houses, roads, schools and farms, and to restore electricity and water supplies in eight cantons in Heredia and Alajuela, north and northwest of San José, respectively. The decree also allows the government to expropriate property in the affected areas without first compensating owners.

Arias also declared Jan. 12-16 a national mourning period, when public festivities are now prohibited and public buildings must lower their flags to half mast.

Engineers are now working to identify houses and areas that are too dangerous for evacuees to return to. Daniel Gallardo, director of the National Emergency Commission (CNE), said about 500 houses and the entire village of Cinchona, near Poás Volcano, are uninhabitable. One priority is to relocate evacuees living in tents on soccer fields before Wednesday, when a cold front could bring rain, Gallardo said.

Arias has asked foreign governments for donations to rebuild schools, houses and roads. The Chinese government yesterday gave Costa Rica a $100,000 check, and the United States has loaned four helicopters and Colombia has provided one chopper for rescue and recovery.

The Finance Ministry is also negotiating grants from the Central American Bank for Economic Integration and the Inter-American Development Bank, said Minister Guillermo Zúñiga.

Lawmakers appear likely soon to approve a credit line from the World Bank to deal with natural disasters. The credit, awarded in November, would allow Costa Rica to borrow up to $65 million, to be repaid over 30 years at 2.25 percent interest.

The state of emergency is in effect in Alajuela, Grecia, Poás, Alfaro Ruiz, and Valverde Vega in the province of Alajuela, and Heredia, Barva, Santa Bárbara, Sarapiquí in the province of Heredia. The decree allows local governments and state institutions to donate money to the CNE for disaster relief, without first requesting a budgetary modification from the Comptroller General´s Office.

Trending Now

Costa Rica Investigates Alleged Assassination Plot Against Interim OIJ Chief

Costa Rican law enforcement authorities are conducting a major judicial and police operation following the discovery of a suspected criminal plot to assassinate Michael...

Costa Rica Fashion Week Debuts in Arts Festival Lineup

Costa Rica Fashion Week marks its 25th edition by aligning with the International Arts Festival, blending runway shows with broader cultural offerings for the...

FIFA’s Infantino “Very Reassured” on Mexico World Cup Security

FIFA boss Gianni Infantino said on Tuesday he was "very reassured" about Mexico's hosting of games in the football World Cup, in his first...

Panama President Shrugs Off China Retaliation Threats After Canal Port Takeover

Panama President José Raúl Mulino on Thursday brushed aside the possibility of Chinese reprisals after his government moved to take control of two ports...

Costa Rica Closed 2025 with 98.6 Percent Renewable Electricity Generation

Costa Rica generated 98.6 percent of its electricity from renewable sources in 2025, marking a strong rebound from the previous year's challenges. The Instituto...

OIJ Reports Shift in Costa Rica Car Thefts Toward Newer Vehicles

For years, concerns centered on the theft of older vehicles for resale as spare parts. Criminal groups now target newer models more often. They...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica