Costa Rica News – Social programs run by the Government, for example, the Fund for Social Development and Family Allowances (Fodesaf), which finances school canteens for the Ministry of Public Education, are depending more and more on private contributions.
Private employers (70,000 of them) contribute 51% of Fodesaf’s income this year. That’s five percent more than in 2014. This is the first year that private companies are responsible for the majority of funds for this social entity.
The Ministry of Finance provides a good deal of the funds too, being that some of the sales tax must be given to Fodesaf by law.
85,000 employers, between public and private, make monthly contributions to the fund in the amount of 5% of the salaries of their employees.
Fodesaf’s funds are distributed in over twenty public institutions and programs such as the CCSS, IMAS, housing bonuses, student scholarships, and care for homeless and elderly.
