Costa Rica Approves 2027 Budget with Cuts to Universities and Judiciary

Costa Rica's Hacendarios approved the 2027 budget with ₡313 billion in adjustments, including restrictions on universities and the Judicial Branch. A second extraordinary budget for 2026 was also approved with ₡167 billion in spending cuts due to a revenue drop exceeding ₡350 billion. This signals fiscal tightening amid revenue shortfalls, potentially affecting public services and institutional autonomy.

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