More
    Array

    UN says Costa Rica Needs to Continue Fiscal Reform Measures

    Must Read

    Optimal Hospital Care is a Key Factor for Recovering Patients From COVID-19 in Costa Rica

    The COVID-19 Pandemic has taken hold throughout Latin America with the increase in cases of contagion and Costa Rica does not escape this situation

    First Passenger Trains Costa Rica Bought from China Will Arrive in November

    Costa Rica will receive in November four of the eight-passenger trains that...

    Costa Rica Eases Restriction Measures for Commerce and Vehicle Circulation

    Costa Rica announced a relief in the health restriction measures, which would...
    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – In a recent press release by the Economic Commission for Latin America and the Caribbean (ECLAC), it was noted that Costa Rica has been able to transform its framework with greater equality and human development and is considered an example for all of Latin America, but that Costa Rica needs to continue build fiscal reform measures.

    In a recent meeting with ECLAC Executive Secretary Alicia Bárcena and Costa Rica’s Vice President and Finance Minister, Helio Fallas, Secretary Bárcena praised the fiscal reform that Costa Rica has undertaking but that further fiscal reforms are needed to maintain accomplishments.

    The Executive Secretary voiced concerns that countries in Latin America and the Caribbean collect few taxes, with taxation levels of around 20 percent versus which is 10 percent less that OECD countries.

    The Executive Secretary called on Costa Rica to boost the tax burden and focus on tax evasion, which currently contributes to illicit outflows amounting to $150 billion USD, which are approximately double current remittances.

    The Costa Rica News (TCRN)
    San Jose, Costa Rica

    - Advertisement -
    - Advertisement -

    Latest News

    Optimal Hospital Care is a Key Factor for Recovering Patients From COVID-19 in Costa Rica

    The COVID-19 Pandemic has taken hold throughout Latin America with the increase in cases of contagion and Costa Rica does not escape this situation

    First Passenger Trains Costa Rica Bought from China Will Arrive in November

    Costa Rica will receive in November four of the eight-passenger trains that it bought from the Chinese...

    Costa Rica Eases Restriction Measures for Commerce and Vehicle Circulation

    Costa Rica announced a relief in the health restriction measures, which would come into force today in...

    Decree Modifying Vehicle Circulation Restrictions Was Published With Incorrect Data

    This past Monday 10th the decree that modifies the vehicle circulation restriction was published in the Official...

    Top Ten Key Factors For Successful Export Of Agricultural Products In Costa Rica

    The agricultural sector has a high participation in Costa Rican exports, in 2019 alone, it reached 24% of the total (that is, $ 2,764 million, + 3% average variation 2015-2019), making it the second most important sector in the country, behind precision and medical equipment
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »