Costa Rica News, Daily News in Costa Rica by the Tico Times

DECEMBER 22, 2006
   
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THE Christmas Spirit: Elena Callatroni and Attilio Gilberti of the Costa Rican Residents Association (ARCR) visited the Vista de Mar Orphanage in Guadalupe, northeast of San José, to deliver presents to the children who live there. Theirs was one of numerous charitable acts performed by individuals and groups around Costa Rica this month.
Mónica Quesada | Tico Times

Note to Daily News readers: The Tico Times office will be closed for the holidays from Dec. 22 through Jan. 1, and there will be no Daily News page published during this time. Please look for the next Daily News page on Tuesday Jan. 2. Happy Holidays!

Subsidy for Diesel Eliminated
In a controversial move, the Public Services Regulatory Authority (ARESEP) Thursday eliminated a subsidy for diesel fuel in place since the 1970s. This will raise the cost of one liter of diesel ¢17 ($0.03) as soon as the price hike is published by the official government daily La Gaceta, likely in January, according to ARESEP spokeswoman Ana Carolina Mora.
BID Loans $50 Million to Fight Poverty
The Inter-American Development Bank (IDB) recently approved a $50 million loan for Costa Rica to fight poverty by improving infrastructure and social services and providing government housing grants (or bonos ) to those living in shantytowns.
Guanacaste Feels Earthquake
An earthquake measuring 4.3 on the Richter scale occurred at 9:39 a.m. yesterday 62 kilometers west of Nicoya, in the northwestern Guanacaste province. The quake originated 37 kilometers below the earth's surface and was reported felt by citizens in the Guanacaste beach town of Tamarindo.
-Tico Times

Costa Rica Daily News updates by the Tico Times Newspaper

December 22

Café de Playa Lounge Concerts
Amarillo, Cian y Magenta, today; MasterKey (gospel), Dec. 24; Son Urbano, Dec. 31, all shows at 8 p.m., Café de Playa, Playas del Coco, northwestern Guanacaste province. Info: 524-0728.

Arts Fair
Sculpture, acrylic and oil paintings, photography, drawings, etc., today and tomorrow, 11 a.m.-7 p.m., Don's Shopping Center, San Pedro, east of San José. Info: 524-3330, 271-3473.

Summer Workshops
For kids 5-12, workshops for making toys, crafts, masks, registration deadline today, classes start Jan. 15, José Figueres Cultural Center, San Ramón, northwest of San José. Info: 447-2178, 447-2381.

Mundo Loco Concerts
Santos y Zurdo, ethnic music, Dec. 23, 7 p.m. Peregrino Gris, Celtic music, Dec. 30; Badu n' Diay, Jazz Café, San Pedro.

Trip to Monteverde
Travel to this north-central cloud forest with the Organization for Tropical Studies, Dec. 30-Jan. 2. Info: 524-0625, 377-6169.

New Year's Eve Shows
With DJ Mauricio, Kim Russel Show and a surprise, Dec. 31, 8 p.m., Joanna's, 50 m south of El Cruce, San Rafael, Escazú, west of San José. Info: 342-4248.

U.S. Embassy and Consulate Closed
In observance of the holidays, the U.S. Embassy and Consulate will be closed Dec. 25 and Jan 1. During the rest of the holiday season, the Embassy and Consulate will maintain their normal hours, 8 a.m.-4:30 p.m.

 

Edited By Amanda Roberson
Tico Times Staff | aroberson@ticotimes.net


Subsidy for Diesel Eliminated

By Amanda Roberson
Tico Times Staff | aroberson@ticotimes.net

In a controversial move, the Public Services Regulatory Authority (ARESEP) Thursday eliminated a subsidy for diesel fuel in place since the 1970s. This will raise the cost of one liter of diesel ¢17 ($0.03) as soon as the price hike is published by the official government daily La Gaceta, likely in January, according to ARESEP spokeswoman Ana Carolina Mora.

The price of one liter of diesel will increase from ¢347 ($0.67) to ¢364 ($0.71). At the same time, the cost of one liter of super gasoline will drop from ¢516 ($1) to ¢488 ($0.95) per liter and regular gas will drop from ¢486 ($0.94) to ¢460 ($0.89) per liter, according to a statement from ARESEP.

Diesel and airplane fuel been subsidized for 30 years because part of their cost has been covered by the sale of gasoline, according to the daily La Nación. Income from the sale of diesel fuel makes up 40% of the National Oil Refinery's (RECOPE) total income.

Maritza Hernández, president of the National Chamber of Transport Workers told La Nación the diesel hike is a “terrible” decision that will force diesel-guzzling bus companies to pass the price increase on to consumers.

The diesel hike could also make Costa Rica less competitive in terms of production, since this fuel is used to make exported products, Rafael Carrillo, president of the Union of Private-Sector Chambers and Associations (UCCAEP) told the daily.

In other news, ARESEP also approved Thursday an increase in taxi fare to go into effect as soon as it is published in La Gaceta. The price of the first kilometer of a taxi ride will increase from ¢330 ($0.64) to ¢365 ($0.71), while each additional kilometer will increase from ¢300 ($0.58) to ¢340 ($0.66).


BID Loans $50 Million to Fight Poverty

The Inter-American Development Bank (IDB) recently approved a $50 million loan for Costa Rica to fight poverty by improving infrastructure and social services and providing government housing grants (or bonos ) to those living in shantytowns.

The funds will help 9,000 poor families in 31 shantytowns, according to a statement from IDB.

The housing-grant program will be carried out by the National Mortgage and Housing Bank (BANHVI) and the Costa Rican-Canadian Foundation, an organization with experience processing housing grants for low-income families without access to credit, the statement said.

The 25-year loan will also finance programs to improve BANHVI, the Housing Ministry and the municipalities where these projects will be carried out. The Costa Rican government will provide another $8.4 million to finance the program.

The loan has a five and a half year grace period and a variable interest rate.

-EFE

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