españolNew Government, New OpportunityWednesday, May 9, 2018 In Costa Rica, the brand-new Alvarado administration faces the challenge of solving complex problems such as the growing fiscal deficit, deteriorated infrastructure and high production costs which are affecting the competitiveness of companies. The Costa Rican - North American Chamber of Commerce (AmCham) shared criteria of " ... Fiscal Panorama is Still UncertainTuesday, April 3, 2018 According to Fitch Ratings, the fiscal outlook still faces considerable uncertainty in Costa Rica, despite the promise of President-elect Carlos Alvarado to carry out comprehensive reforms to reduce the deficit significantly. In the view of the ratings agency, "... President-elect Carlos Alvarado's strategy for the future is not yet clear. Pressing the smaller 'fast track' bill might be politically easier, but it could reduce the urgency around additional reforms; Supporting a larger package could be more politically difficult." Costa Rica Elections: Proposals for IndustryWednesday, March 21, 2018 While one candidate is willing to review the limits on private electricity cogeneration, and raise them from 15% to 30%, the other rejects the possibility of extracting natural gas due to its environmental implications. In a meeting with companies in the Chamber of Industries of Costa Rica (ICRC), the two candidates who will go head to head in a second round of voting on April 1, shared their proposals to deal with issues of great importance to the industrial sector, such as electricity rates and the opening up of the electricity market, as well as the management of procedures in State institutions. |
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Monday, June 5, 2023 - last update: Sunday, 7:14 pm
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