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 â‚¡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 â‚¡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

Quepos Reinvents Itself from a Costa Rican Banana Port to a Sportfishing Hub

Over nearly a century, the Central Pacific Coast town Quepos has evolved from the banana-driven economy of the United Fruit Company to a popular...

Emma Raducanu Looking for a New Tennis Coach

Emma Raducanu insists she is in no rush to find a new coach as the former US Open champion looks to revert to a...

Costa Rica Fashion Week Debuts in Arts Festival Lineup

Costa Rica Fashion Week marks its 25th edition by aligning with the International Arts Festival, blending runway shows with broader cultural offerings for the...

New York Times Picks Costa Rica as Prime Spring Break Spot

The New York Times has included Costa Rica in a list of five spring break destinations aimed at families looking for warm weather and...

Costa Rica Urges De-Escalation as Iran Retaliates to U.S.-Israel Attack

Costa Rica expressed deep concern over the escalating conflict in the Middle East after the United States and Israel carried out airstrikes on Iran...

Airbnb Users in Costa Rica Face April Deadline to Accept New Terms

Airbnb hosts and guests in Costa Rica have until April 20th to accept the platform’s updated Terms of Service and Privacy Policy if they...
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