Costa Rica Legislative Assembly enters extraordinary sessions to approve US$13.5 billion…
1 report, 1 independent
Updated Fri 00:00
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What happened
The Legislative Assembly in Costa Rica began extraordinary sessions on November 1, 2026, with the Executive setting the agenda. A list of 112 bills was reported, including a plan to sell up to US$13.5 billion of bonds abroad over nine years. The list also contained a constitutional change allowing consecutive presidential re-election and a bill to legalize open-pit gold mining at Crucitas.
From riotimesonline.com
Why it matters
The bond plan is significant because dollar bonds sold internationally are the type of debt that US funds purchase. For the plan to pass, it requires 38 of the 57 deputies, and the National Liberation Party has stated it will not support the proposal as currently written.
From riotimesonline.com
Who's involved
- Costa RicaThe country whose Legislative Assembly is holding extraordinary sessions
- Central Bank of Costa RicaThe country's central bank, which may be affected by the bond issuance
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The entities involved
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Assam
Indian state
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Costa Rica
country in Central America
Related events
- An assembly session is currently being held in Srinagar, led by Omar Abdullah, the government is operating from the region.
- International dialogues were held in Costa Rica on October 31, 2026.
- The Assembly functions as the legislative body for the state of Assam.
- The government of Assam and Meghalaya utilized the Assembly to discuss policy matters.
- Assam's Assembly ratified a constitutional change allowing for life sentences.