On Monday, Costa Rica was waiting for the approval of the Free Trade Agreement between Korea and Central America. President Carlos Alvarado Quesada signed the law that 42 legislators approved on March 5th. Now the national government awaits approval of the agreement in the Asian nation, as well as in Panama and Honduras. This FTA […]
Archives for March 19, 2019
Social movement arises in Limón and this is what it asks
A social organization was created in the province of Limón to face the problems that affect the area. This Monday, it delivered a document to the Executive Branch with three specific requests to apply immediately. The Social Movement Por y Para Limón is made up of unions, business and commercial groups of the province, who […]
Celso Gamboa represents the Maduro regime in complaint against Venezuelan diplomat in Costa Rica
María Faria, ambassador appointed in Costa Rica by Juan Guaidó, president in charge of Venezuela, was reported to the Public Ministry of Costa Rica for the alleged usurpation of the Venezuelan diplomatic headquarters in the country. This was confirmed by Celso Gamboa Sánchez, former magistrate and former prosecutor of the Republic, to Monumental News. Gamboa […]
Congress approves salary equality project
With 46 affirmative votes, the Plenary approved in the second reading the bill of law 20,389 which establishes the salary equality between men and women, both in the private and public sectors . The initiative aims to eradicate the wage gaps between men and women when they perform the same job, therefore, it seeks to […]
Fiscal deficit reached 1% of GDP in the first two months
Tax revenues experienced a growth of 16.3% compared to February 2018, which meant a collection of ¢758,926 million (2.03% of GDP). On the other hand, total expenses showed a variation of 14.9%, which caused expenses to reach ¢1,184,784 million (3.16% of GDP). The aforementioned resulted in a financial deficit of ¢387,022 million (1.03% of GDP). […]
Dollar Exchange remains low
The exchange rate of the dollar fell for the eighth consecutive day and touched the lowest point of the year this Monday, when it reached ¢ 596.34 in the Foreign Currency Market (Monex). The price of the currency started 2019 at ¢609 and peaked at the beginning of February, when it rose to ¢ 614. […]