Costa Rica: 2014 Budget for $13 billionThe Ministry of Finance has submitted to Congress the budget for next 2014, anticipating a deficit of 6.2%.Monday, September 2, 2013
The documentation submitted by the chief of Finance, Edgar Ayales, with the breakdown of costs and revenues of the State for 2014, still shows growing figures in the red. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rican State Increases Budget by 19%September 2014 Facing a serious and growing fiscal deficit, the Solís administration has presented the 2015 spending plan for the central government which is 19% higher than that of 2014. Agenda for Discussion of Tax ReformOctober 2013 Though means of five rounds of talks Costa Rica's government is attempting to build a social pact that will enable solutions to be found to the plight of the state's finances. $2 Billion Deficit in Costa RicaDecember 2012 In November, the balance between government revenues and expenditures showed a deficit equivalent to 4% of GDP. Costa Rica Reduces Investment in Public WorksSeptember 2012 The budget for 2013 submitted by the Government to the Legislature indicates that expenditure on public works will be cut by 13%.
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