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

US Demands Nicaragua Release Brooklyn Rivera’s Relatives

The United States on Monday demanded that Nicaragua’s government release relatives of Indigenous leader Brooklyn Rivera, who died in prison three months ago. Rivera,...

Costa Rica Police Officer Jailed for Allegedly Helping Diablo Drug Network

The Fuerza Pública officer, identified as Ureña, was detained this week during raids in Sarapiquí and Pococí. Prosecutors are investigating his suspected relationship with...

Lagoon Operator Says German Consul Was Swimming When He Drowned

The association that runs the recreation center where Germany's consul in Costa Rica died on Saturday has disputed the account that circulated internationally in...

Costa Rica Fines Contractor Over Long-Delayed Cartago Road

Costa Rica has started fining the company building the long-delayed Taras-La Lima highway project $20,000 for every additional day the work remains unfinished. The...

Rincón de la Vieja Volcano Erupts Again in Costa Rica

The Rincón de la Vieja Volcano gave us yet another eruption yesterday afternoon, sending a column of steam approximately 1,000 meters, or 3,280 feet,...

Wife of Extradited Trafficker Detained at Costa Rica Airport

Costa Rican authorities detained a woman sought in the largest organized-crime investigation this afternoon, moments after she stepped off a flight from Switzerland at...

El Salvador’s Fireball Festival Lights Up Nejapa

If you are in El Salvador this weekend and want to see something you will not find anywhere else, head north from San Salvador...

Flash Flood Sweeps Away Guide and Hiker in Pérez Zeledón

Update, August 31: The excursion guide swept away in this incident was found dead Sunday evening. The Red Cross confirmed he was the only...

Guanacaste Bakes While the Caribbean Floods in Costa Rica’s Split August

August gave us two very different versions of Costa Rica’s rainy season, with unusually little rain falling around Liberia while parts of the Caribbean...
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