• Costa Rica Coffee Guide

Proposed budget cuts prompt fiery debate

October 20, 2011

Members of three political parties pushed for the hurried approval of ₡35 billion ($68 million) in spending cuts from the 2012 national budget on Wednesday afternoon. Headed by legislator Luis Fishman of the Social Christian Unity Party, the decision to dramatically cut government spending was supported by members of the Citizen Action Party and Libertarian Movement, though vehemently opposed by Laura Chinchilla’s National Liberation Party (PLN) and several government officials. 

At the conclusion of the afternoon meeting, angry PLN lawmakers publicly voiced their discontent, stating that Fishman was “steamrolling legislative policy.” 

“[The decision to pass budget cuts] would be a serious blow to the execution of fundamental programs of the government,” said PLN legislator Francisco Chacón on Wednesday. 

The PLN was joined by officials from several government agencies who also expressed disapproval with the proposed cuts. The Judicial Branch, which includes the Public Security Ministry, Judicial Investigative Police and Prosecutor’s Office, warned that potential spending cuts would be detrimental to national security and contradict Chinchilla’s initiatives to reduce crime.

If budget cuts are passed, the Judicial Branch’s spending would be slashed by ₡7.7 billion ($15 million). 

The other government agencies that could see their spending trimmed are the Finance Ministry, Foreign Ministry, Public Works and Transport Ministry, the Culture Ministry, the Supreme Elections Tribunal and the Agriculture Ministry. 

You may be interested

The compromises Costa Rica made with the IMF
Costa Rica
1081 views
Costa Rica
1081 views

The compromises Costa Rica made with the IMF

The Tico Times - March 2, 2021

Costa Rica will receive a three-year, $1.78 billion loan from the International Monetary Fund as part of the financial entity’s…

Costa Rica extends tourist visas until June 2
Costa Rica
2813 views
Costa Rica
2813 views

Costa Rica extends tourist visas until June 2

Alejandro Zúñiga - March 2, 2021

The Immigration Administration (DGME) announced late Monday night that tourists who entered the country before December 1, 2020, can have their visas…

IMF approves $1.8 billion loan for Costa Rica
Costa Rica
1353 views
Costa Rica
1353 views

IMF approves $1.8 billion loan for Costa Rica

The Tico Times - March 1, 2021

The IMF approved a 36-month credit agreement for $1.778 billion dollars with Costa Rica, the entity reported Monday, which immediately…