The Public Services Regulatory Authority (ARESEP) approved a ₡15 hike in regular per-kilometer taxi fares and a ₡2 to ₡3 increase in per-liter fuel prices.
Higher fuel prices approved last Friday haven't even gone into effect yet, but that hasn't stopped the National Oil Refinery (RECOPE) from seeking a new hike of ₡9 in the per-liter prices of gasoline and diesel.
The Public Services Regulatory Authority found that the state-owned oil refinery improperly used public funds to pay for expenses like airline tickets and professional services at the refinery expansion project in Limón.
Costa Rica’s agricultural exporters breathed easier last week after the United States lifted tariffs on key products, restoring duty-free access under long-standing trade agreements....
