HomeArchiveLawmakers approve 2013 national budget in first-round debate

Lawmakers approve 2013 national budget in first-round debate

Costa Rica’s Legislative Assembly approved in a first round of debate the ₡6.4 trillion ($12.8 billion) national budget bill in a 29-15 vote.

Fifty-seven percent of the budget will be financed by taxes and regular income, while 43 percent will be paid with debt.

Compared to this year, the 2013 budget is 2.6 percent bigger.

The vote came a few hours after the Constitutional Chamber of the Supreme Court, or Sala IV, ruled unanimously that the earmarking of ₡3.6 billion ($7.2 million) for municipalities is unconstitutional because “it did not detail the specific destination of funds as required by law.”

Those funds will be frozen while the Finance Ministry corrects the error in the next national budget revision.

Lawmakers from the Citizen Action Party, Libertarian Movement Party and Broad Front Party had asked to adjust the budget after the Sala IV’s ruling, but the vote was held shortly after 7 p.m.

A second round of debate will be held on Thursday.

Trending Now

Costa Rica’s Cahuita Tourism Businesses Struggle After Major Drug Raids

Tourism businesses in Cahuita, one of our best-known Caribbean destinations, are struggling with fewer visitors, declining sales and concerns about the town's reputation following...

Costa Rica Opens Prison Modeled on El Salvador’s CECOT

Costa Rica's new maximum-security prison opens today, but no inmates move in until late October. Here is how it will operate, who goes first and the legal fight over its rules.

Costa Rica Tourism Falls for a Second Month as US Arrivals Drop

Costa Rica tourist arrivals fell 2.4% in September, the second monthly drop, as US visitors slipped 3.3% and Liberia grew 11.8%.

Costa Rica Prison Faces Court Challenge Before Inmate Transfers Begin

A prisoners’ rights group has asked Costa Rica’s Constitutional Court to stop inmate transfers to the newly inaugurated CACCO prison, saying concerns about heat,...

Costa Rica Owls: Camera Traps Reveal Their Hidden Live

Costa Rica is home to an array of owl species. They come in a variety of patterns, shapes, and sizes, but they have a...

Police Detain Woman in Raids Over Playas del Coco Killing of American

Costa Rican judicial police detained a woman early this morning in raids in Desamparados, just south of San José. The search continues for the...

Atenas launches Gallery Nights: a different artist every month, with the Central Valley as a backdrop

The series opens in November with Terry Eldridge, followed by John Taylor in December and Joanna Woskowicz in January Starting in November, Atenas will have...

Your Android Phone May Soon Warn You Before a Costa Rica Earthquake Hits

Google is expanding its Android earthquake alerts to more than 200 countries, and Costa Rica has been reported among them. Here is what to check on your phone, and what to use until the alerts switch on.

El Niño Peak Expected in December With Record-Warm Pacific Waters, WMO Warns

El Niño has not peaked yet. The WMO expects it to keep strengthening until around December as Pacific waters head for record heat.
L. Arias
L. Arias
Reporter | The Tico Times |
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel