Costa Rica’s Finance Committee approved the 2027 National Budget totaling ₡12.4 trillion, narrowly meeting the deadline after a late-night session that concluded at 11:30 p.m. on Tuesday, October 20th. The approval process was rushed, with numerous motions left unaddressed and subsequently discarded. The budget includes reductions to funding for universities and various social programs, sparking concerns about their future operations. Lawmakers reportedly pushed the vote to the limit, indicating significant debate and disagreement surrounding the proposed allocations. The pace of proceedings meant many proposed amendments did not receive a vote. This final budget will now move forward for further legislative consideration in Costa Rica. Details on specific program cuts are expected to be released following further analysis of the approved document.

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