Taxi fares in Costa Rica will drop 3 to 20 percent following new guidelines from the Public Services Regulatory Authority, despite opposition from drivers.
A reduction would bring taxi fares closer to those offered by Uber. Costa Rica President Luis Guillermo Solís has said Uber is operating illegally in the country.
Lower fares will apply for all taxis in the country including those in rural areas and taxis providing transportation at the Juan Santamaría International Airport.
Two hikes in the per-liter price of fuel could hit drivers' pocketbooks this month, and taking a bus or a taxi won't help save much money, as those rates are set to increase as well.