Monday 2 October 2023

Government revokes bill to sell the BCR

Paying the bills


DHL Crash in San Jose caused by hydraulic failure

QCOSTARICA -- An investigation has uncovered that the DHL...

Will the tax values of vehicles increase before the Marchamo on Nov 1?

QCOSTARICA -- Tax value (valor fiscal en Spanish) of...

Mastering the Basics: A Beginner’s Guide to Playing Casino Craps

Casino Craps, a captivating game of chance and strategy,...

How to Win at Monopoly Live Casino: Unlock Big Wins with Expert Strategies 2023

Unlock the Secrets to Big Wins: Ultimate Guide to...

U.S. banned another 100 Nicaraguan officials: there are already more than 1,000 sanctioned from the regime

Q24N (Infobae) The United States included another 100 officials...

2024 Marchamo reduction gets official approval

QCOSTARICA -- The end-of-the-year expenses will be lower for...

Dollar exchange expected to remain low for the rest of the year and close at ¢550

QCOSTARICA -- If you have debts in dollars you...

Dollar Exchange

¢534.47 BUY

¢542.35 SELL

30 September 2023 - At The Banks - Source: BCCR

Paying the bills


QCOSTARICA – The Minister of Finance, Nogui Acosta, confirmed that the Government called off the project to sell Banco de Costa Rica (BCR).

The Minister was summoned to a hearing before the Economic Affairs Commission to answer questions in reference to the initiative presented by the current administration to sell the State bank when made the announcement to committee legislators of the withdrawal of the bill.

- Advertisement -

“The observations have made us consider the need to call off this bill from this moment on. Our interest is to incorporate the observations, the doubts that have been generated,” stated Acosta.

Through a press release, the Minister of the Presidency, Natalia Díaz, confirmed the decision of the Executive Power. According to the Díaz, the government’s interest is to reconsider the proposal and insist on the sale of the bank once the changes to the bill are made.

Acosta revealed that, according to estimates by the Central Bank of Costa Rica, the State would obtain between US$1.8 billion to US$2.453 billion with the sale of the BCR.

On this same issue, the New Republic Party (PNR) joined the legislative benches that reject the bill for the sale of the BCR.

This story is in development.

- Advertisement -
Paying the bills
Avatar photo
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

BCR’s tech platform was down for over 12 hours on Saturday

QCOSTARICA -- The Banco de Costa Rica (BCR) tech platform -...

Goverment “insisting” on the sale of the BCR

QCOSTARICA - The government of Rodrigo Chaves is insisting on the...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: