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Costa Rica's Fiscal deficit

As he reaches a year in charge, President Alvarado addresses Legislative Assembly

Alvarado also expressed his concern about unemployment, which last year reached 12% of the economically active population, the highest rate in recent years.

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...

Costa Rica shifts view on deficit threat as Solís fights evasion

Costa Rica's government will "definitely" lower the forecast for this year's fiscal deficit as the government steps up efforts to fight tax evasion in the Central American country, Vice President Helio Fallas said.
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Jacó Mayor’s Red Zone Plan Sets Off Backlash Across Costa Rica

Garabito Mayor Francisco González has started a national backlash after proposing a 70-hectare “permissive area” in Jacó where sex work, nightlife and eventual regulated...

Costa Rica Questions Russian Military Footprint in Nicaragua

Russia has rejected Costa Rica’s concerns over the presence of Russian military personnel in Nicaragua, saying Moscow’s cooperation with Managua is legal, limited and...

Costa Rica Tourism Growth Masks Warning Sign at San José Airport

The San Jose airport recorded a drop in international tourist arrivals in May, even as Costa Rica’s overall air tourism numbers continued to grow,...

Wimbledon 2026 Draw Sets Tough Paths for Fonseca, Cerúndolo and Maia

Wimbledon’s 2026 draw gave Latin tennis a little bit of everything Friday: opportunity, danger, star power and one major absence. Brazil’s João Fonseca and...