Costa Rica and China signed a cooperation agreement on Monday regarding the Silk Road Economic Belt, a Beijing initiative that aims to encourage trade and investment. The…
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.…
The World Bank expressed support Thursday for the spending cuts proposed by the government of Costa Rica to address the country's fiscal deficit, which has reached 6.2…
Costa Rica's new Finance Minister, Rocío Aguilar, presented a package of drastic cuts to public spending at the Legislative Assembly on Wednesday and asked legislators to support…
Leaders of Costa Rican Judicial Branch workers’ unions, on strike since last week over a stalled pension reform plan, announced Monday that other public-sector unions will join them…
The Central Bank of Costa Rica (BCCR) has enforced a new methodology to calculate the reference exchange rate of the US dollar, and it has already showed…
Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…
Costa Rica’s hiring outlook for the next quarter is mostly stable, according to the latest Employment Outlook Survey from consulting firm ManpowerGroup. Fifteen percent of employers surveyed in Costa…
The Legislative Committee on Financial Affairs on Wednesday approved the latest version of a bill to reinstate the country’s corporate tax law, which was ruled unconstitutional last year…
It’s déjà vu all over again for Costa Rica’s investment rating. Fitch Ratings announced that the company was holding steady on its junk bond rating for Costa Rica, according…
