No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveInfrastructure Will Suffer Unless Tax Plan is Approved

Infrastructure Will Suffer Unless Tax Plan is Approved

UNLESS the tax plan currently beingdebated by the Legislative Assembly is approvedin the near future, the Public Worksand Transport Ministry’s (MOPT) budgetfor 2005 will be reduced dramatically.The institution’s budget for next yearis expected to be ¢23.89 billion ($54.66million) — ¢12 billion ($27.46 million)less than last year. Two thirds of the budget,or about ¢15 million ($34.32 million),will be used to pay salaries. MOPT’s budgetcould be increased if the Perma-nentFiscal Reform Package is approved, thedaily La Prensa Libre reported.The budget cuts will dramaticallyreduced the amount of money MOPT candedicate to repairing and maintainingroads, according to María Lorena López,Vice-Minister of Public Works.López expects 60% of MOPT’s equipmentwill remain idle in 2005 if the taxplan is not approved.

Trending Now

Crime, Jobs Lead Voter Priorities in Costa Rica’s 2026 Presidential Contest

Laura Fernández maintains a clear advantage in recent polls as Costa Rica's presidential election nears on February 1. Surveys indicate she could win in...

Children left behind as El Salvador’s anti gang crackdown fills prisons

Chicks chirp anxiously when Jade arrives to feed them. Since her father was detained in El Salvador’s anti-gang war, she has had to work...

U.S. Warns of Military Risks in Mexico and Central America Airspace

The United States Federal Aviation Administration (FAA) issued a series of safety warnings on Friday for airspace over Mexico and Central America. The alerts...

Australian Open 2026: Cerundolo Leads Latin Efforts as Alcaraz Progresses

Melbourne Park came alive on Wednesday as the second round of the Australian Open delivered a mix of straight-set cruises and grueling five-set battles....

Brazilian Star Beatriz Haddad Maia Falls in Australian Open First Round Upset

Beatriz Haddad Maia, Brazil's leading women's tennis player, saw her Australian Open campaign end abruptly on Sunday with a first-round defeat to Kazakhstan's Yulia...

Costa Rica’s Tourism Is Losing Ground to Mexico, Guatemala and Others

The National Chamber of Tourism (CANATUR) warned that Costa Rica's tourism ended 2025 with a modest 1% increase in international arrivals, a figure that...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica