Lawmakers approve 2013 national budget

November 30, 2012

With 27 votes in favor, Costa Rica’s Legislative Assembly approved on Thursday evening the 2013 national budget, which will total ₡6.4 trillion ($12.8 billion). Fifty-seven percent of the budget will be financed by taxes and regular income, while 43 percent will be paid with debt.

The bill had passed a first-round debate Tuesday in a 29-15 vote, just a few hours after the Constitutional Chamber of the Supreme Court, or Sala IV, ruled unanimously that the earmarking of ₡3.6 billion ($7.2 million) for municipalities is unconstitutional because “it did not detail the specific destination of funds as required by law.

National Liberation Party top lawmaker Fabio Rojas said Thursday “the [Sala IV] ruling is not binding, and the questioned funds barely reached 0.25 percent of the budget. Therefore, the budget’s approval does comply with the law.”

Lawmakers from the Social Christian Unity Party, Citizen Action Party and Libertarian Movement Party voted against the bill. PAC’s top lawmaker, Yolanda Acuña, said “the budget has serious errors,” and that was the reason she voted against it.

You may be interested

Looking back at Hurricane Maria: the initial impact
Weather
1080 views
Weather
1080 views

Looking back at Hurricane Maria: the initial impact

John McPhaul - December 12, 2017

As Costa Rica joins many other nations in looking back upon the devastating 2017 hurricane season, longtime Tico Times contributor…

Cold front claims fourth victim in Costa Rica
Weather
3508 views
Weather
3508 views

Cold front claims fourth victim in Costa Rica

Katherine Stanley - December 12, 2017

High winds claimed the life of a fourth victim in Costa Rica as the cold front that has been moving…

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie
Keylor Navas
833 views
Keylor Navas
833 views

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie

AFP - December 11, 2017

Real Madrid's first foray into the January transfer market will be to snap up Athletic Bilbao's promising goalkeeper Kepa Arrizabalaga,…