No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rican lawmakers approve reduction in state contributions to political campaigns

Costa Rican lawmakers approve reduction in state contributions to political campaigns

In an unanimous vote on Tuesday evening, 40 Costa Rican lawmakers approved a bill to reduce by ₡18 billion ($36 million) the state’s contribution to political parties for the upcoming presidential elections in 2014.

The first-round vote came after almost three hours of discussion where some lawmakers broke quorum several times in an attempt to prevent the voting.

The new bill would temporarily amend Article 96 of the Constitution, which requires the state to provide a financial contribution of 0.19 percent of gross domestic product – ₡43 billion ($86 million) – to fund election campaigns.

If passed in a second round of voting, the state’s contribution would become 0.11 percent of GDP, or ₡25 billion ($50 million).

The bill was proposed two years ago by Citizen Action Party lawmaker Jeannette Ruiz and will allow the government to comply with a request earlier this month by the Finance Ministry to reduce the 2014 National Budget.

Finance Minister Edgar Ayales warned at the time that the government did not have sufficient funds to meet the constitutional obligation of providing 0.19 percent of GDP to political parties, and the executive branch only assigned 0.11 percent in next year’s national budget.

The bill goes to a second round of voting on Thursday and then must be published in the official newspaper La Gaceta, likely next week.

Trending Now

Serena Williams Re-Entered Drug Testing But Insists She’s Not Returning

Serena Williams made it clear that she has no intention of stepping back onto a tennis court as a competitor. The 44-year-old American, who...

Costa Rica’s Nayara Resorts Plans Eco-Friendly Beach Hotel in Manuel Antonio

Nayara Resorts, known for its high-end hotels and focus on green practices, has revealed plans for a new property in Manuel Antonio. The beach...

Draw for 2026 World Cup Kind to Favorites as Trump Takes Center Stage

Holders Argentina and leading contenders Spain were handed kind draws for the 2026 World Cup in a star-studded ceremony on Friday which saw US...

Trump Crackdown Sends More Migrants Back to Venezuela

A plane from the United States landed Friday at Venezuela’s main airport carrying 172 deportees, at a moment when the country has been left...

Costa Rican Family Seeks Justice After U.S. Hearing in Vílchez Homicide

A judge in Sequatchie County, Tennessee, moved forward with charges against two men accused in the death of Silvia Gabriela Vílchez Mora, a 50-year-old...

Bachelor Star Cassie Randolph Weds Musician in Intimate Costa Rica Wedding

American reality TV star Cassie Randolph tied the knot with musician Brighton Reinhardt in a private ceremony at The Point Luxury Villa in Tamarindo....
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica