Isaac Castro
Isaac Castro is a former Vice Minister of Finance in Costa Rica, recognized for his insights into the economic factors affecting tax revenues. He recently explained how adverse weather events in 2024, particularly heavy rains, negatively impacted agricultural sector profits, contributing to a decline in income tax collection.
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Costa Rica:
Isaac Castro, former Deputy Minister of Expenditures of Finance, commented that the most immediate implication of the more restrictive scenario is that both current and capital spending would be subject to the fiscal rule.
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Costa Rica:
Isaac Castro, exviceministro de Hacienda, considered that the mere fact of increasing the number of positions leads to a greater request for expenses for salaries and social charges.
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Costa Rica:
Isaac Castro explained that some climatic phenomena affected the agricultural sector in 2024.
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