Economy faces downturn due to lack of tax reform

The Central Bank of Costa Rica (BCCR) warned Monday that the economy will face a growing public deficit and stunted growth if Congress doesn’t pass tax reform. According to the BCCR, the deficit risks growing to 7.2 percent this year, up from 6.2 percent in 2017. Economic growth could also see a decline to 3.2 … Continue reading Economy faces downturn due to lack of tax reform