Back

Caribbean & Central America - November 2015 (ISSN 1741-4458)

COSTA RICA: Unions strike over fiscal reform

Public sector unions staged a strike on 26 October in a dozen different places across Costa Rica to demand better worker conditions and to demonstrate against being stigmatised for the alarming increase in the fiscal deficit. The government led by President Luis Guillermo Solís struck an eight-point accord with the unions two days later. The government has got no further with its attempt to push through the 57-seat legislative assembly a proposed tax reform to combat the fiscal deficit. Sent down on 10 August, this consists of replacing the current sales tax of 13% with a value added tax (VAT) that would rise to 15% in the second year after entering into force.

End of preview - This article contains approximately 500 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.