• Tico Travel Surfing
  • Squaremouth travel insurance button 468x106
  • Costa Rica Real Estate

Lawmakers approve 2013 national budget

November 30, 2012

With 27 votes in favor, Costa Rica’s Legislative Assembly approved on Thursday evening the 2013 national budget, which will total ₡6.4 trillion ($12.8 billion). Fifty-seven percent of the budget will be financed by taxes and regular income, while 43 percent will be paid with debt.

The bill had passed a first-round debate Tuesday in a 29-15 vote, just 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.

National Liberation Party top lawmaker Fabio Rojas said Thursday “the [Sala IV] ruling is not binding, and the questioned funds barely reached 0.25 percent of the budget. Therefore, the budget’s approval does comply with the law.”

Lawmakers from the Social Christian Unity Party, Citizen Action Party and Libertarian Movement Party voted against the bill. PAC’s top lawmaker, Yolanda Acuña, said “the budget has serious errors,” and that was the reason she voted against it.

You may be interested

Migration from Central America to the US drops by 75%
immigration
18 views
immigration
18 views

Migration from Central America to the US drops by 75%

AFP and The Tico Times - February 20, 2020

Migration from the countries of northern Central America to the United States has been reduced by more than 75% since…

With Ukraine’s support, Costa Rica evacuates citizens from Wuhan, China
Costa Rica
32 views
Costa Rica
32 views

With Ukraine’s support, Costa Rica evacuates citizens from Wuhan, China

Alejandro Zúñiga - February 20, 2020

The Foreign Ministry of Costa Rica on Wednesday initiated the evacuation of two Ticos who were residing in Wuhan, China,…

Saprissa rescues agonized draw against Montreal Impact in Champions League
Soccer
18 views
Soccer
18 views

Saprissa rescues agonized draw against Montreal Impact in Champions League

AFP and The Tico Times - February 20, 2020

Deportivo Saprissa rescued in the last breath a 2-2 draw against the Montreal Impact in the first leg of the…

Do NOT follow this link or you will be banned from the site!