Weekly Report - 03 December 2015 (WR-15-48)

Costa Rica’s President Guillermo Solís has delivered what he sees as his side of the bargain. As far as he is concerned it is now up to the 57-seat legislative assembly to keep its side. Solís presented a budget to the legislative assembly, where the ruling Partido Acción Ciudadana (PAC) is in a clear minority with just 12 seats, containing the smallest budgetary increase in 10 years as his government seeks to demonstrate its commitment to contain spending. This is the main demand of the political opposition before it will consider approving a long-postponed fiscal reform. Part of the opposition broke ranks to help secure the budget’s approval but this is no guarantee that fiscal reform will finally become a reality.

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