The bill proposes a series of tax incentives for promoting the purchase of new electric cars and plug-in hybrids, including the elimination of the sales, selective consumption and customs taxes.
Costa Rica's executive branch is criticizing changes to the method used for setting fuel prices as proposed by the Public Services Regulatory Authority (ARESEP), arguing the move would increase prices of other products, particularly cooking gas.
The Costa Rican Oil Refinery (RECOPE) finally had some good news for motorists as its most recent projections show fuel prices next year will remain similar to those registered this month.
Despite a spike in international fuel prices in the past two weeks, prices of gas and diesel in Costa Rica will remain stable for the rest of the year, the Public Services Regulatory Authority (ARESEP) confirmed this week.
Costa Rica's Public Services Regulatory Authority (ARESEP) will now take into account the actual amount paid for oil by the Costa Rican Oil Refinery (RECOPE) when calculating the price of fuel at the pump, rather than relying on reference prices for international oil.
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.
