Friday, 27 November 2020
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Costa Rica’s Judiciary in Budget War With The Treasury

The decision by the judges of the Full Court not to adjust the salaries of the Poder Judicial - the Judiciary - to the new regulations of that established incentives and annuities in the Ley de Fortalecimiento de las Finanzas Públicas (Ley 9635) -...

Nicaragua Slashes Budget Due To Socio-Political Unrest

The Asamblea Nacional de Nicaragua (Nicaragua’s National Assembly) on Tuesday approved a drastic cut to the national budget because of the economic impact of months of anti-government unrest. The legislators approved a 9.2% reduction of the Ley Anual de Presupuesto General de la República 2018...

Legislative Committee Approves Cuts in Budget

QCOSTARICA - The Fiscal Affairs Committee of the Legislative Assembly passed out a second Extraordinary Budget cutting ¢62 billion colones from the bloated budget it approved last November. The 2015 budget was a record ¢7.9 trillion colones, heavily lobbied by President Solis but opposed by...

Government Planning ¢61 Billion Cut

QCOSTARICA - Finance Minister Helio Fallas announced this week that the government plans to make ¢61 billion colones in spending cuts to the budget it will submit to the Legislature in the comin days. In November, the Solis Administration maneuvered through with legislative slight...


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