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Government will present plan hoping to spark Costa Rica’s economic growth
Costa Rica
1179 views
Costa Rica
1179 views

Government will present plan hoping to spark Costa Rica’s economic growth

Alejandro Zúñiga - September 2, 2019

President Carlos Alvarado has said that addressing Costa Rica's economy is among his administration's biggest challenges. Now, President Alvarado will be getting into specifics. Over the coming…

New competition will fund green projects for small companies
Changemakers
2811 views
Changemakers
2811 views

New competition will fund green projects for small companies

Alissa Grosskopf - September 5, 2018

The Promoter of External Trade of Costa Rica (PROCOMER) and the Costa Rica United States Foundation for Cooperation (CRUSA) have joined forces to launch a new contest…

Costa Rica and China sign agreement to encourage investment and commerce
China
5669 views
China
5669 views

Costa Rica and China sign agreement to encourage investment and commerce

AFP - September 5, 2018

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…

Economy faces downturn due to lack of tax reform
Costa Rica's Fiscal deficit
4584 views
Costa Rica's Fiscal deficit
4584 views

Economy faces downturn due to lack of tax reform

AFP and Tico Times - July 24, 2018

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.…

World Bank supports Costa Rican spending cuts
Economy
4487 views
Economy
4487 views

World Bank supports Costa Rican spending cuts

AFP - June 1, 2018

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…

Finance Minister: Costa Rica needs drastic spending cuts
Economy
3986 views
Economy
3986 views

Finance Minister: Costa Rica needs drastic spending cuts

AFP - May 31, 2018

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…

No solution in sight for judicial workers’ strike
Costa Rica
4268 views
Costa Rica
4268 views

No solution in sight for judicial workers’ strike

L. Arias - July 25, 2017

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…

Costa Rica enforces new methodology for calculating dollar exchange rate
Business
5833 views
Business
5833 views

Costa Rica enforces new methodology for calculating dollar exchange rate

L. Arias - July 6, 2017

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 optimism remains low in Costa Rica
Business
2837 views
Business
2837 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

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…

Hiring outlook stable for upcoming quarter
Business
2077 views
Business
2077 views

Hiring outlook stable for upcoming quarter

L. Arias - June 22, 2016

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…

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