No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveLawmakers approve 2013 national budget

Lawmakers approve 2013 national budget

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.

Trending Now

Costa Rica’s Guanacaste Makes Forbes’ Best Places to Visit in 2026

Forbes has spotlighted Guanacaste as one of the top six spots for travelers in 2026. The list also includes Nikko in Japan, Kona in...

Costa Rica Peanut Growing Guide From Planting to Harvest

Not long ago, a neighbor gave us some peanuts she said were from Peru. Since we’ve had good luck growing peanuts, we were excited...

Tourist Numbers Dropped in Costa Rica During 2025’s First Seven Months

Costa Rica's tourism took a hit in the first seven months of 2025, with visitor numbers dropping compared to the previous year. By the...

Heavy Rains in Costa Rica Cause Severe Flooding

Costa Rica faces another tough week as persistent heavy rains pound our country, leading to widespread flooding, landslides, and disrupted lives. This October, the...

Costa Rica OIJ Arrests Human Trafficking Ring Exploiting Minors

The Judicial Investigation Agency (OIJ) dismantled a gang dedicated to human trafficking for the sexual exploitation of minors after carrying out 19 simultaneous raids...

Costa Rica’s Liberia Airport Fixes Runway Issues Overnight

Contractors began repairs on the runway at Daniel Oduber Quirós International Airport this week, focusing on sections that did not meet required standards after...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
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