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Costa Rica
Saturday, October 23, 2021
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Legislative Assembly votes in favor of IMF loan to Costa Rica

The Legislative Assembly approved, in a first debate, the $1.778 billion loan from the International Monetary Fund (IMF).

IMF approves $1.8 billion loan for Costa Rica

The IMF approved a 36-month credit agreement for $1.778 billion dollars with Costa Rica

Costa Rica and IMF reach technical agreement on fiscal adjustment

The Central American country's fiscal deficit reached 8.3% of GDP in 2020, the highest in the last four decades, although lower than the Central Bank's 9.2% projection.

Costa Rica, IMF reach agreement in principle for $1.75 billion loan

Costa Rica has reached a preliminary agreement with the International Monetary Fund (IMF) for a $1.75 billion loan.

Costa Rica, IMF in talks to reduce fiscal debt

The country is hoping for a loan of $1.75 billion.

Costa Rica seeks IMF agreement with the challenge of consolidating finances

The original IMF proposal unleashed a wave of protests, with road blocks throughout the country, which forced the government of Carlos Alvarado to withdraw the initiative.

Costa Rica to begin IMF negotiations on January 11

Costa Rica will begin negotiations for a loan from the International Monetary Fund (IMF) on January 11, the Finance Ministry announced. 

Costa Rica’s dire financial situation

Two years after passing a controversial fiscal-reform project, Costa Rica remains on tenuous financial grounds. 

Costa Rica will begin negotiations with IMF in January

Costa Rica will begin negotiations for a loan from the International Monetary Fund (IMF) during the second week of January, Finance Minister Elian Villegas announced. 

Costa Rica presents bills resulting from economic dialogue

The Costa Rican Presidency on Tuesday introduced two new bills and supported six others meant to help the country cut costs in context of a growing financial crisis. 

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