Costa Rica’s controversial fiscal reform proposal took a step toward becoming law Friday evening when the Legislative Assembly approved the bill after a lengthy first debate.
In a display of the movement’s continued momentum, tens of thousands of protesters once again shut down streets throughout Costa Rica’s capital Wednesday.
Violence broke out on the third day of tax-reform protests in Costa Rica. Protesters confronted police outside the Legislative Assembly in San José on Wednesday afternoon and students clashed with police outside the University of Costa Rica later that night.
Costa Rica's new Finance Minister, Rocío Aguilar, presented a package of drastic cuts to public spending at the Legislative Assembly on Wednesday and asked...
The Costa Rican government is very interested in forming part of the Organization for Economic Co-operation and Development (OECD http://www.oecd.org/ ). The OECD is...
Delays on the approval of fiscal reforms prompted Fitch Ratings to downgrade Costa Rica's Long-Term currency bonds earlier this month and ratings for six banks, including four state-owned banks.
