End of preview - This article contains approximately 781 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Caribbean & Central America - April 2012 (ISSN 1741-4458)
COSTA RICA: Chinchilla receives biggest setback of her mandate
If a tax evasion scandal served as the fiscal reform’s coffin, the constitutional court’s ruling that declared the process “unconstitutional” became its tombstone. Since taking office in May 2010, President Laura Chinchilla’s top legislative goal has been to secure the approval of a fiscal reform in order to arrest the country’s soaring deficit. However, after 18 months of negotiations in the national assembly (AL), which allowed the bill to receive its first debate approval – which has effectively been rendered void by the constitutional court – the law came under attack as its main proponent and defender took centre stage in a tax evasion media exposé. The scandal forced the minister of finance, Fernando Herrero, his wife and top political advisor to President Chinchilla, Flor Isabel Rodríguez, and the head of the tax authority, Francisco Villalobos, to submit their resignations within hours of each other.
- Two big victories in El Salvador – both could prove illusory
- HONDURAS: Lobo leans towards a permanent military-security role
- ECONOMIC OVERVIEW: HONDURAS
- GUATEMALA: Pérez Molina faces familiar demands
- ECONOMIC OVERVIEW: GUATEMALA
- COSTA RICA: Chinchilla receives biggest setback of her mandate
- NICARAGUA: Veterans challenge Ortega
- ECONOMIC OVERVIEW: NICARAGUA
- ECONOMIC OVERVIEW: PANAMA
- CUBA: Guayaberas in Cartagena, but no Cuba
- CUBA: Non-farm co-ops mooted to soak up excess labour
- DOMINICAN REPUBLIC-HAITI: Haiti-DR cooperation under the spotlight
- JAMAICA: PNP faces the challenges of success
- BARBADOS: Moody’s highlights long-term challenges
- POINTERS
- Pérez Molina stood up by peers