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 Megaprison to Limit Conjugal Visits to 30 Minutes Every Six Months

Costa Rica's CACCO megaprison takes its first inmates Monday under strict new visit rules.

Harry Kane Wins the Ballon d’Or, England’s First Winner in 25 Years

Harry Kane won the 2026 Ballon d'Or in London after a 73-goal season for Bayern Munich and England, becoming the first English winner since 2001.

Costa Rica Used-Car Imports Fall 85% After Tax Loophole Closes

Costa Rica imported just 631 used vehicles in September, down 85% from a year earlier, as new customs valuation rules took hold. The average declared value doubled to $8,227 and tax per vehicle rose 71%.

Costa Rica Begins New Prison Transfer Phase as CACCO Opens to Inmates

Costa Rica was scheduled to begin moving prisoners into its new maximum-security facility today, marking the next step in the government's effort to tighten...

US Surveillance Plane Helps Costa Rica Seize 1.5 Tons of Cocaine Off Osa

A US surveillance aircraft helped Costa Rican authorities track a speedboat carrying about 1.5 metric tons (roughly 3,300 pounds) of cocaine off the Osa...

US Tourist Breaks Leg in 10-Meter Fall at Costa Rica Waterfall

A US tourist broke his leg in a 10-meter fall at Costa Rica's Cinchona waterfall, sparking a nearly five-hour rescue.

Study Finds Costa Rica’s Pesticide Use More Than 10 Times Global Average

Costa Rica uses pesticides on its farmland at a rate more than ten times the global average, according to a scientific study that raises...

US Citizens in La Fortuna Can Renew Passports Locally This Thursday

If you are a US citizen living near Arenal, you can renew your passport this Thursday without making the trip to San José. The...

US Embassy Helped Mother Get Son Out of Costa Rica Community, She Says

An American mother says she watched her son grow thinner and more distant over more than two years in a religious community in Pérez...
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