As of January 8th, forty-one candidates for elected office and from among 18 political parties were delinquent in debts to the state. Overall debt was ¢31 million ($62,500) for employee payroll taxes, and to the extinct Banco Anglo. Several candidates said that while appearing as presidents of delinquent companies, they do not own them or […]
Archives for January 2014
Less rain and agency costs threaten to increase eletricity rates
Less rainfall for hydroelectric power, combined with higher prices for the generation of thermal energy (diesel fuel) threaten to raise electricity rates more than expected this year. For the first and second quarters of 2014, the Regulating Authority of Public Services (ARESEP) has approved two temporary rate hikes. However, if rainfall is less than normal, […]
Gasoline and diesel prices increased today
A liter of super will increase from ¢667 to ¢672 per liter, diesel from ¢619 to ¢632 and for regular gasoline, the price goes from ¢651 to ¢648. Cooking gas will also have an increase of ¢11 per liter. Carolina Mora, spokesperson for ARESEP said that the increase is due to a monthly calculation that […]
Central Bank Museum with exhibit of new bills
Museum of the Central Bank has launched an exhibition of the new family of banknotes, which are currently in circulation. According to curator, Manuel Chacon, “We want to show the country’s biodiversity and historical facts that are shown on the notes”. Exhibition opens on January 25th and runs throughout the year at the museums, under […]
CCSS launches plan to help 480,000 ticos stop smoking
According to the Institute of Alcoholism and Drug Addiction, there are a total of 480,000 people who are addicted to tobacco in Costa Rica. For this reason, the agency is embarking on a five year plan to reduce tobacco use in Costa Rica, which is will concentrate on young people. According to a group for […]
CCSS recovered ¢250.2 billion from delinquent accounts in 2013
In 2013, the Costa Rican Social Security Fund (CCSS) recovered ¢250.2 billion ($504.44 million) from accounts in arrears, representing an increase of ¢38.6 billion ($77.82 million) from the previous year. The agency is meeting a goal to keep less than one percent of accounts in delinquency. According to the institution, the increase comes from better […]