No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveSevere Rains Cause $330 Million in Damage

Severe Rains Cause $330 Million in Damage

Costa Rica’s government estimated this week that the heavy rains that hammered the country from the onset of September through recent weeks will cost the state at least $330 million.

Fixing infrastructure will carry the most expensive price tag. The Ministry of Public Works (MOPT) announced that repairing or rebuilding the nearly 1,000 kilometers of road that were damage will cost $232.84 million in addition to the $10 million that the ministry has already spent thus far.

The government reports that it has $120 million to post toward infrastructure repair, including a $15 million dollar loan from the World Bank.

The rains caused damage to a total of 3,392 houses, 672 of those houses have been declared as a total loss. Housing repairs and construction will cost around $50 million, according to Costa Rica’s second vice president, Luis Liberman.

The government has also estimated that losses in the agriculture sector will cost $30 million. Costa Rica’s Labor Ministry has already directed $6 million in subsidies to 5,500 small farmers who lost their crops.

In a press conference Tuesday, Liberman called the magnitude of the damages “much greater than Costa Ricans had originally believed.”

Trending Now

Magnitude 4.6 Earthquake Hits Off Costa Rica’s Pacific Coast

A moderate earthquake shook parts of the Pacific coast early Saturday morning, prompting residents in several areas to report light to moderate trembling. OVISCORI recorded...

Costa Rica Football Federation Dismisses Coach Miguel Herrera

The Costa Rican Football Federation has ended its partnership with Mexican coach Miguel "El Piojo" Herrera after the national team missed out on the...

US Military Revives Bases in Panama and Puerto Rico

Washington has moved forward with reactivating shuttered military installations in Panama and Puerto Rico to increase its regional footprint. Efforts to do the same...

Route 32 in Costa Rica Faces Repeated Closures

Drivers on Route 32 faced another disruption today when fallen debris forced a temporary shutdown in the Zurquí area. The Ministry of Public Works...

US Launches Operation Southern Spear Against Latin American Drug Cartels

The United States has rolled out a major military effort called Operation Southern Spear to tackle drug cartels across Latin America. Defense Secretary Pete...

Costa Rica Supreme Court Extends OIJ Directors Suspension

The Supreme Court of Justice extended the suspension of Randall Zúñiga as director of the Judicial Investigation Agency (OIJ) for three more months on...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica