After more than eight hours of analysis and discussion, the Board of Directors of the Costa Rican Social Security Fund (CCSS) unanimously complied with all the provisions of the Comptroller General of the Republic (CGR) where the agreements signed with the unions are canceled. Román Macaya, Executive President of the CCSS, calls for sanity because […]
Archives for September 2019
Road operations for national holidays will start on Friday
Road operations for the celebration of Independence Day will begin from next Friday, September 13th, and will run until Sunday. The General Directorate of the Traffic Police reported that by Friday the entry of the Independence Torch, from Nicaragua, is expected at 11:00 am. From that moment, the authorities will offer an escort that will […]
Despite contingency measures, fiscal deficit reached 4% in August
Costa Rica’s fiscal deficit reached 4.1% of GDP last August, largely caused by the high interest payments on government accumulated debts. If compared with the same month of 2018, the deficit grew 0.3 percentage points this year. Interest payments continue to punish the financial deficit, and are the main challenge to stabilize the debt and […]
Assembly will no longer finance food for legislators
The Legislative Assembly will no longer finance buy food for legislators. This was announced on Monday night to CRHoy.com by Carlos Ricardo Benavides, president of Congress, which indicates that with the elimination of the food item, 25 million colones will be saved per year, about two million colones per month. The decision was made by […]
Comptroller supports $350 million loan with IDB
The Comptroller General of the Republic (CGR) supports the approval of the credit between the government of Costa Rica and the Inter-American Development Bank (IDB) for $350 million, as it believes it’s positive to complement the internal savings in financing National Development. The objective of these resources is to contribute to the consolidation of public […]
Albino Vargas calls to block roads and go on a great national strike
Albino Vargas, secretary general of the National Association of Public Employees (ANEP), called for the different trade union movements in the country to rise soon in a “great national strike.” According to the union leader, a national strike of between 24 and 48 hours must be proposed, with blockages on the main national routes, in […]