Costa Rica’s government pays off Caja debt
As of Tuesday, the Costa Rican government’s debt to the Social Security System (Caja) has been paid off. The National Treasurer’s Office of the Finance Ministry handed over ¢16.2 billion ($32 million) of internal debt to the Caja.
This was the last payment by the government to pay the Caja the ¢85 billion ($167 million) owed to the system. The first payment took place on Aug. 13 for ¢54 billion ($106 million). Six days later the government paid an additional ¢15 billion ($29.4 million).
“We achieved our promise with the Caja. We reaffirmed our interest to overcome the financial difficulties that the Caja is facing,” said Finance Minister Fernando Herrero in a ministry press release.
You may be interested
Fishing for the next generation in QueposScott Cutter / Marina Pez Vela - May 20, 2019
Having completed the 20th edition of the Offshore World Championship in May, and the 7th edition of this iconic event…
Costa Rica announces provisional 40-man roster for Gold CupAlejandro Zúñiga - May 20, 2019
Costa Rica on Monday announced the 40-man provisional roster that will serve as the basis for its 2019 Gold Cup…
Costa Rica allocates $3.35 million for port infrastructure in LimónAlejandro Zúñiga - May 20, 2019
The Atlantic Port Authority (JAPDEVA) will manage more than $3.35 million as it explores four projects to support the economy…