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

Route 32 Closed for Court-Ordered Investigation

If you are driving between San José and the Caribbean coast this morning, you cannot get through on Route 32. A one-kilometer (0.6-mile) stretch...

Costa Rica Upholds Puerto Viejo Dock Approval as New Appeal Raises Coral Concerns

Costa Rica’s environmental authority has kept approval in place for a proposed public dock in Puerto Viejo. A new appeal argues that important coral information was added after the original decision and questions the project’s reported size.

Costa Rica’s Mangroves Face Growing Threats From Pollution and Development

Costa Rica’s mangrove forests protect coastal towns, support fishing communities and provide breeding grounds for marine life. Researchers warn that pollution, construction and changes...

Costa Rica Tightens Poás Volcano Visitation Rules After Eruption

Costa Rica has introduced new safety rules at Poás Volcano National Park after an eruption early yesterday morning, but the goood news is that...

Fewer Humpback Whale Sightings Reported in Costa Rica’s Golfo Dulce

Tour guides in Costa Rica’s Golfo Dulce say humpback whales have been more difficult to find this season, raising questions about whether warmer ocean...

Germany’s Consul in Costa Rica Dies in Alajuela Lagoon Accident

Costa Rica's Foreign Ministry confirmed the death of Mario Genz, a consul at the German Embassy in San José, who drowned Saturday afternoon at...

Google Wins Auction for Spirit Airlines’ Massive Data Archive, Raising Privacy Alarms

For all us fun that have flown Spirit to Costa Rica, it was announced that Spirit Airlines has agreed to sell a sprawling trove...

Watch as Camera Thieves Impact Wildlife Studies in Costa Rica

Certain things are guaranteed when camera trapping in Costa Rica. Some things are magnificent, for instance, with enough time and even the smallest patch...

Costa Rica Aims to Have Electric Train 80% Complete by 2030

The Costa Rican government expects the Greater Metropolitan Area (GAM) Electric Train project to be approximately 80% complete by the end of the Laura...
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