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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Carlos Alvarado Quesada

Costa Rica announces cuts in public spending in the face of pandemic crisis

The budget cuts will be the largest in Costa Rica's history, President Carlos Alvarado said, as the world faces the coronavirus pandemic.

Essential groceries, some tourist services more expensive in Costa Rica as of July 1

Nearly 200 products included in Costa Rica's canasta básica, a grouping of essential goods, are more expensive as of July 1. 

Unemployment in Costa Rica reaches 15.7%, the highest in its history

Unemployment in Costa Rica reached 15.7% from February to April 2020 amid the coronavirus pandemic.

Popular digital services taxed 13% VAT in Costa Rica as of August 1

Dozens of international digital platforms will be subject to a 13% value-added tax (VAT) in Costa Rica beginning August 1. 

Costa Rica now considers access to water as a constitutional right

Costa Rica adopted a constitutional reform that guarantees access to water as a human, basic and inalienable right. 

Costa Rica to become first Central American country in the OECD

Founded in 1961, the OECD is dedicated to promoting policies for economic and social welfare. Its member countries move 60% of world trade and represent 80% of global GDP.

This is Costa Rica’s timeline for reopening

Here is Costa Rica's timeline for reopening, as presented Monday by the Health Ministry. 

Costa Rica lifting more coronavirus measures: Will open beaches, national parks

Costa Rica will allow beaches and some national parks to reopen under strict sanitary guidelines

Costa Rica announces productive credits and infrastructure investments to revive economy

Costa Rica's economy will experience a 3.6% contraction instead of a 2.5% expansion this year as expected before the pandemic, according to the Central Bank (BCCR).

Unemployment in Costa Rica was rising even before coronavirus crisis

President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high.

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