Costa Rica’s government pays off Caja debt

September 20, 2011

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.

Facebook Comments

You may be interested

Costa Rica approves law against child abuse prepared by alleged victims of priest
Costa Rica
1 views
Costa Rica
1 views

Costa Rica approves law against child abuse prepared by alleged victims of priest

AFP and The Tico Times - April 24, 2019

Costa Rica’s congress approved on Tuesday a bill that extends the statute of limitations for the crime of sexual abuse…

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
8 views
Sponsored content
8 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights
Costa Rica
11 views
Costa Rica
11 views

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights

Alejandro Zúñiga - April 23, 2019

Costa Rica’s Minister of Foreign Affairs, Manuel Ventura Robles, met with the Inter-American Commission on Human Rights (IACHR) this week…

Do NOT follow this link or you will be banned from the site!