Bank Approves $381M To Refinance ICE Debt
The Costa Rican Electricity Institute (ICE) could see a rise in cash flow for investments in infrastructure, thanks to a loan approved last week by the Inter-American Development Bank (IDB).
The bank will make a $381 million loan, meant to refinance part of the debt that has burdened the national power and telecom institution.
You may be interested
Costa Rica proposes tax measures as part of IMF negotiationsAlejandro Zúñiga - September 18, 2020
The Costa Rican Presidency on Thursday announced the fiscal measures it will present to the International Monetary Fund (IMF) as…
Costa Rica expands network of tsunami-alert sirens in ocean townsAlejandro Zúñiga - September 18, 2020
The National Emergency Commission (CNE) is installing tsunami-alert sirens in five Puntarenas towns, the institution announced this week. The communities…
Canada helps protect vulnerable sectors in Central America against pandemicAFP - September 18, 2020
Canada has allocated more than half a million dollars in aid to combat Covid-19 in vulnerable sectors of Nicaragua, Honduras…