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

First Tampa to Costa Rica Nonstop in 25 Years Is Now Flying Twice a Week

Tampa and Costa Rica are linked nonstop again for the first time in 25 years. Breeze's twice-weekly flights are now operating.

Costa Rica Raids 80 Locations in Major Fuel Theft and Organized Crime Investigation

Costa Rica's OIJ carried out 80 raids Friday against an alleged network accused of stealing 654,000 liters of fuel and $1.5 million in cargo, with 22 detained.

Costa Rica’s Lesser-Known Juan Castro Blanco Park Prepares for Tourists

Construction is underway on new visitor facilities at Juan Castro Blanco National Park, a lesser-known protected area in northern Costa Rica, as officials work...

Costa Rica Weather Today Brings Dry Mornings and Stormy Pacific Afternoons

Expect a calmer morning, then afternoon storms in the Central Valley and Pacific, heaviest on the Central and South Pacific. Check Route 32 before you drive to the Caribbean.

Costa Rica Bills Would Keep Kids Off Social Media Until 14 or 15

Costa Rican children younger than 15 could be barred from opening social media accounts under one of two bills now before the Legislative Assembly....

Iron Maiden Ends 10-Year Absence With 50th-Anniversary Show in Costa Rica

Iron Maiden returned to Costa Rica after 10 years, bringing its 50th-anniversary tour and a song never played here before.

El Salvador’s New National Stadium Hits 75% as 50,000 Seats Arrive From China

El Salvador's new National Stadium is three-quarters built, President Nayib Bukele announced Thursday, and when it opens next year its 50,000 seats will make...

1 Million Coral Embryos Return to a Costa Rica Reef in a National First

Researchers in Manzanillo raised coral larvae in a lab for the first time in Costa Rica and returned nearly 1 million embryos to the reef.

Costa Rica’s Public Schools Have Lost 180,000 Students in Five Years

Public school enrollment in Costa Rica has fallen 16.5% since 2021 as births decline, while private schools have added more than 12,000 students.
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