Kenneth Sánchez, president of the High School Student Movement (Medse) said that, despite the end of the protests, they believe that what has been achieved with the demonstrations benefits the students. Medse announced on Tuesday that they would pause the movements because they would begin a dialogue with government authorities. The protests began the last […]
Archives for July 24, 2019
Exports of goods show the worst growth since 2016
According to the Central Bank, national exports of goods in the first half of the year were $ 5.75 billion and this shows a year-on-year growth of only 0.5%. This growth is the lowest since February 2016, when the increase was only 0.9%. A fall in international prices of key products such as pineapple and […]
PUSC proposes to reduce fuel tax
On Tuesday, the legislative bench of the Christian Social Unity Party (PUSC) proposed a reduction in the single fuel tax, as part of three bills for the country’s economic recovery. According to the Rojiazules, Costa Rica is the Central American country with the highest hydrocarbon costs, a situation that places the country at a competitive […]
Second semester has less financial pressure for the government
The government starts the second half of the year with less financial pressure due to a successful first half of the year in terms of placement. In total, 1.4 billion colones will be needed to meet its financial needs for the second half of the year. This figure is exactly the same as in the […]
National debt would stabilize in 2023
The national debt would reach its maximum limit in 2023 when it reaches 68% of GDP, and from there it would stabilize. This was confirmed by Melvin Quirós, director of public credit, during the presentation of the country’s Debt Plan for the second half of the year. Quirós commented that from that year on, the […]
The story of the Italian captain who might be missing in the country
An Italian captain is wanted by the Judicial Investigation Agency (OIJ) because it is believed that he might have arrived in Costa Rican territory. The 32-year-old man named Rocco Acocella went missing on June 17th, 2019 at sea. Acocella is a professional sailor and departed from the pier of San Martin Island, in sailboat named […]