No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCONAVI to Receive Road Repair Funds

CONAVI to Receive Road Repair Funds

FOLLOWING yet another rulingfrom the Constitutional Chamber of theSupreme Court (Sala IV), the FinanceMinistry has said it will transfer ¢18.5 billion($38.6 million) to the NationalRoadway Council (CONAVI) for roadrepairs, according to La Nación.That would put CONAVI’s budget at¢28.5 billion ($59.5 million) for the year,significantly less than the ¢53 billion($110 million) it is legally owed, the dailyreported. CONAVI, the Costa RicanConstruction Chamber, municipalities andprivate citizens – among others – havecomplained that the Finance Ministry isbreaking its obligations by not fundingroad repairs (TT, April 1).According to the Law of TaxSimplification and Efficiency, 30% of revenuesfrom gas taxes must go to CONAVIand municipalities for road repairs. Thatwould equal ¢53 billion for this year. TheFinance Ministry has already givenCONAVI ¢10 billion ($20.9 million) thisyear.The Sala IV ruled that the ministrymust turn over the tax funds in November2004 after a group of municipal leaderssued the ministry. However, FinanceMinister Federico Carrillo maintains thegovernment does not have the funds withwhich to comply (TT, Nov. 19, 2004).

Trending Now

Retired Nicaraguan Army Captain Sentenced to 50 Years for Treason

A retired military officer was sentenced to 50 years in prison in Nicaragua for the crime of "treason against the homeland," his family denounced...

Protests Rise Over Panama Canal’s New Water Project

Panama’s President José Raúl Mulino on Tuesday defended the construction of a new reservoir for the interoceanic canal and criticized those who oppose the...

Obesity in Costa Rica: A Growing Health Crisis After 35 Years of Change

Recent studies claim that about one-third of adults in Costa Rica are considered obese and another third overweight. Which means about two-thirds of adults...

Costa Rica’s Top Court Bans President Chaves from 2026 Election Campaign

Costa Rica’s Supreme Electoral Tribunal on Thursday barred President Rodrigo Chaves from participating in the 2026 election campaign, ruling that he "illegitimately used" his...

Costa Rica and Panama Seek Gold Cup Glory Against North American Giants

With no Caribbean teams advancing, a Central American contingent made up of Panama, Costa Rica, Honduras, and Guatemala heads into the quarterfinals of the...

Guatemala Makes History as They Face USA in Gold Cup Semifinal Showdown

Desperate to show progress under Mauricio Pochettino, the United States is looking to secure a return to the CONCACAF Gold Cup final on Wednesday...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica