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 Tourism Brand Cancels Uber Alliance After Backlash

Costa Rica’s nation brand, esencial Costa Rica, and export promoter Procomer reversed a tourism marketing alliance with Uber just one day after announcing it,...

Argentina’s Top Hope Falls as Cerúndolo is Knocked Out of French Open

Argentina's Francisco Cerúndolo, the highest-ranked Latin American man in the Roland Garros draw, was knocked out of the French Open on Saturday, beaten in...

Costa Rica Expands Airport With New VIP Lounge

Costa Rica’s Guanacaste Airport in Liberia is moving ahead with a major modernization program aimed at improving passenger service, expanding capacity, and strengthening the...

Nicaragua Publishes Proof of Life Images of Detained Miskito Leader

Nicaragua on Wednesday released images of Indigenous leader Brooklyn Rivera, imprisoned since 2023 and whose proof of life had been requested by U.N. experts....

El Salvador Breaks Into Latin America’s Top 10 Startup Ecosystems

El Salvador has entered the top 10 startup ecosystems in Latin America for the first time. The country ranks 10th regionally and 80th globally...

Costa Rica Extends Corporate Email Rule to End of 2026

Costa Rica's Legislative Assembly approved a measure in its first debate on Thursday that extends to December 31, 2026, the deadline for commercial companies...

Costa Rica Braces for Rain and Thunderstorms as Tropical Wave Moves Through

Costa Rica will see unstable weather from today through June 3, with warm mornings followed by afternoon and early-evening rain across much of pur...

Costa Rica Pacific Expedition to Study Sharks, Mantas and Sea Turtles

The For the Oceans Foundation, working under the framework of the One Ocean Worldwide Coalition, announced the launch of Operation Peace for the Pacific,...

Costa Rica Tornado Tears Roofs Off Homes in Grecia; Three Rescued, Red Cross Says

Residents of Grecia, in the province of Alajuela, captured video on Saturday afternoon of a tornado-like whirlwind tearing through their neighborhood, ripping roofs from...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel