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Has drug trafficking penetrated the dollar exchange system?

QCOSTARICA The possibility that drug trafficking has penetrated Costa Rica's dollar exchange system cannot be completely ruled out. The alert comes after the Banco Central de Costa Rica (Central Bank) reported strong growth in the currencies of the account called “others”, which registered movements of US$5.75 billion in 2023, which meant an increase of… ....

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No raise in 2024 for public sector employees for the fifth consecutive year

QCOSTARICA Because the weight of public debt will exceed 60% of GDP throughout 2024, public employees would be left without a salary increase throughout next year. The expectation is that by 2025 the fiscal rule that was approved in 2018 and that became a limitation that today affects bureaucrats can be overcome, said President… ....

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Costa Rican social groups in peaceful protest against government policies

QCOSTARICA Social groups demonstrated on Wednesday in Costa Rica against the policies of the Government of President Rodrigo Chaves, in various areas such as social investment, education, economy, and employment. With banners and festive music, thousands of people marched from various points in the capital San José to Casa Presidencial (Government House) in Zapote,… ....

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