No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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

Whale Watching Season Returns to Costa Rica’s Golfo Dulce

Humpback whales are back in Costa Rica's South Pacific, and if you want to see them, the next four months are your window. Whales...

Costa Rica Warns Tourists That Wildlife Souvenirs Can Lead to Criminal Charges

A shell picked up on a beach walk, a piece of coral, a seed pod, a carved trinket bought from a roadside stand —...

Costa Rica Escalates Court Fight With Criminal Complaint Against Judges

The governing party filed a criminal complaint against four Constitutional Chamber judges on Monday. Judicial unions have called a protest for Thursday, August 6.

Carlos Alcaraz Withdraws From Cincinnati Open With Wrist Injury

Carlos Alcaraz has withdrawn from the 2026 Cincinnati Open as he continues to recover from the wrist injury that has kept him away from...

What the Judicial Coup Fight in Costa Rica is Actually About

President Fernández accused four justices of the Constitutional Chamber of staging a coup d'état on Friday and announced that the governing-party legislative bench will...

Costa Rica Builds One of Central America’s Longest Four-Lane Bridges

Construction is continuing on a 308-meter (1,010-foot) bridge that Costa Rican officials say will become one of the longest four-lane bridges in Central America....

Costa Rica Under Yellow Alert as Saturated Ground Raises Flood Risk

If you are driving to Limón, Turrialba or the southern Pacific today, expect delays and check the road before you leave. A yellow alert...

Dollar Stuck Near ₡450 as Costa Rica Keeps Policy Rate

The Banco Central de Costa Rica set its reference exchange rate on Wednesday at ₡449.80 for the purchase of United States dollars and ₡455.01...

Costa Rica’s President Attends the Basílica Mass for the First Time Since 2023

President Laura Fernández attended Sunday's solemn Mass for the Virgen de los Ángeles in Cartago, the first Costa Rican head of state to take...
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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