The stubbornness of the Solis administration to award a highly technical job to a candidate rejected by employers confirms the importance that this specific person would have in the formulation of public tariffs.
This review was written hours before the now newly appointed General Regulator of Costa Rica gave notice of his resignation from his position at the Instituto Costarricense de Electricidad (ICE). When announcing his resignation the official said: "There is no legal conflict between the position held in the ICE and my appointment as Controller General, but I make this decision in the interests of transparency which must prevail in my new position." His insistence on the legality of his appointment, an insistence which attempts to justify the anti ethical nature of it, has caused yet more concern over the justice of the decisions to be taken in the exercise of his office. This concern grows when you consider that if he had not resigned, it would have meant mandatory abstention in decisions that involved the company where he held office. Now he will no longer have to abstain.
Transparency in governance and better use of productive resources in an economy are not achieved by appealing to good personal intentions, but by observing basic principles of management.
The government's candidate for the office of Controller General of Public Services sees "no inconsistency" in serving in this position, while at the same time being on sabbatical leave from a company which is a provider of those services.
Running counter to a recommendation from the OECD to strengthen the independence and resources of work by the bodies that oversee competition, the Ministry of Finance will be intervening in the Commission's own tasks.
An article on Crhoy.com reports that "... A restructuration managed from the office of the Minister of Economy, Welmer Ramos, has resulted in the temporary disintegration of the Commission for the Promotion of Competition (COPROCOM) from 1 July. "
Costa Rica’s Banco Nacional denies that the $360 million trust to expand high-speed Internet has been cancelled.
Eduardo Doryan, head of the country’s state-owned electricity and telecommunications provider (ICE), had declared that without the trust, the high-speed internet investment was impossible, because an institution the size of RACSA could not possibly finance such a huge project.
A $360 million investment in a high-speed internet network is in doubt due to conflicts between directorates and a lack of government direction.
RACSA is the company responsible for providing Internet and data communication services to both the Costa Rican public and businesses. Formally it is a subsidiary of ICE, the state telecoms and electricity provider.
Alberto Diamond, president of KPMG Central America, was designated Superintendent of Banks in Panama.
As pointed out by Edith Castillo Duarte in her Prensa.com article, confidential sources from the banking sector showed concern over the possible conflict of interest in the tenure of the next Banking Superintendent.
Grupo ICE, composed of the Costa Rican Electricity Institute (ICE) and its subsidiaries Radiográfica Costarricense (RACSA) and Compañía Nacional de Fuerza y Luz (CNFL), joined the Chamber of Information and Communication Technologies of Costa Rica (CAMTIC) as a strategic partner since June 2009.
The International Merchant Marine Registry of Belize (IMMARBE) is under the Ministry of Finance, with its Head Office located in Belize City. The Registration of Merchant Ships Act, 1989 as amended in 1996 governs the merchant fleet.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (+501) 223 50 26