The interest generated by the national debt caused the fiscal deficit to end the first quarter at 2.08% of the Gross Domestic Product (GDP); while at this time last year it was 1.93% of GDP. Despite the fact that total government revenues grew by 9%, expenses increased by 11%, hence the imbalance. The accumulated deficit […]
Archives for May 2019
Day-after pill free sale was published in La Gaceta
This Thursday, the Official Gazette published the decree that modifies the conditions for the sale of emergency contraception. People will no longer need a medical prescription to purchase it. By order of the Ministry of Health and the President of the Republic, from now on emergency oral contraceptive dispensing will be allowed, without medical prescription, […]
There was a 4.8 earthquake with an epicenter in La Cruz, Guanacaste
The National Seismological Network (RSN) of the University of Costa Rica (UCR) reported a 4.8 earthquake at 10:22 am. Its epicenter was located in the province of Guanacaste, 4.8 kilometers southwest of the La Cruz border canton. According to Facebook users, who left comments on the RSN wall, the movement was strong in the province […]
Heavy rains caused 50 incidents
The National Emergency Commission (CNE) registered 50 emergencies during this Wednesday and early Thursday in different parts of the country. There were 30 cases of floods, 12 landslides and 8 requests for inspections. These incidents resulted in 47 people affected, 10 homes with partial damages, and three closed roads. According to Lidier Esquivel, head of […]
Villalta presents project to grant a paternity leave for at least one month
José María Villalta presented a bill for the Costa Rican Social Security Fund (CCSS) to grant a paternity leave after the birth of the baby. Initially, paternity leave would be for one month and maternity leave one month before delivery and three months after birth. However, the initiative establishes two additional months that must be […]
Tax Agreement between Costa Rica and Mexico is underway
In order to avoid double taxation, to have a tool to fight tax evasion and cross-border tax evasion, the agreement between Costa Rica and Mexico, which had been presented last March, came into force. The idea is to avoid being taxed twice for the same economic transaction that takes place in one of these countries. […]