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

El Salvador’s Surf Coast Is Making a Strong Case to Costa Rica Travelers

For many longtime Central America travelers, El Salvador once sat far down the list of places to visit for pleasure. In the early 1990s,...

Ed Sheeran Brings LOOP Tour to Costa Rica This Saturday

San José is gearing up for one of the biggest concert events the country has seen in years. On Saturday, May 30, 2026, British...

Thomas Massie, Marjorie Taylor Greene Vacation Together in Costa Rica

Two of the most prominent Republican critics of President Donald Trump have turned up on a Costa Rican beach, days after political setbacks pushed...

Argentina’s Top Hope Falls as Cerúndolo is Knocked Out of French Open

Argentina's Francisco Cerúndolo, the highest-ranked Latin American man in the Roland Garros draw, was knocked out of the French Open on Saturday, beaten in...

Brazil’s Fonseca Ends Djokovic’s Quest for a 25th Major in Paris

Brazilian teenager João Fonseca produced the defining win of his young career on Friday, rallying from two sets down to stun Novak Djokovic 4-6,...

Costa Rica Airport Partners With U.S. Embassy on Travel Safety

Guanacaste Airport in Liberia has become the first airport in Costa Rica to partner with the U.S. Embassy to promote the Smart Traveler Enrollment...

Nicaragua Confirms Brooklyn Rivera Critically Ill as U.S. Demands Release

The Nicaraguan government acknowledged Saturday that the health of jailed Indigenous opposition leader Brooklyn Rivera is in “critical condition.” Rivera, 73, was arrested by...

Costa Rica Extends Corporate Email Rule to End of 2026

Costa Rica's Legislative Assembly approved a measure in its first debate on Thursday that extends to December 31, 2026, the deadline for commercial companies...

Drought Fears Grow as Costa Rica Water Megaproject Falls Behind

Guanacaste is heading into another period of water uncertainty as Costa Rica’s long-promised PAACUME water project remains far behind schedule, four years after the...
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

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel