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Costa Rica, IMF in talks to reduce fiscal debt
Costa Rica
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Costa Rica
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Costa Rica, IMF in talks to reduce fiscal debt

AFP - January 12, 2021

Costa Rica embarked on two weeks of negotiations with the International Monetary Fund on Monday, seeking a "viable" solution to its mounting fiscal debt, worsened by the…

Costa Rica seeks IMF agreement with the challenge of consolidating finances
Costa Rica
1328 views
Costa Rica
1328 views

Costa Rica seeks IMF agreement with the challenge of consolidating finances

Marco SIBAJA / AFP - January 8, 2021

Costa Rica on Monday will begin negotiations for an agreement with the International Monetary Fund (IMF) that would allow it to face its large fiscal deficit. The…

Costa Rica to begin IMF negotiations on January 11
Costa Rica
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Costa Rica
1302 views

Costa Rica to begin IMF negotiations on January 11

Alejandro Zúñiga - January 6, 2021

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

Costa Rica’s dire financial situation
Costa Rica
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Costa Rica
1308 views

Costa Rica’s dire financial situation

Alejandro Zúñiga - December 17, 2020

Two years after passing a controversial fiscal-reform project, Costa Rica remains on tenuous financial grounds. At an individual level, the pandemic and related measures have exacerbated unemployment.…

Costa Rica will begin negotiations with IMF in January
Costa Rica
1286 views
Costa Rica
1286 views

Costa Rica will begin negotiations with IMF in January

Alejandro Zúñiga - December 14, 2020

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. "It's a…

Costa Rica presents bills resulting from economic dialogue
Costa Rica
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Costa Rica
1240 views

Costa Rica presents bills resulting from economic dialogue

Alejandro Zúñiga - December 9, 2020

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…

Costa Rica still plans to negotiate with the IMF, Alvarado says
Costa Rica
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Costa Rica
1224 views

Costa Rica still plans to negotiate with the IMF, Alvarado says

Alejandro Zúñiga - December 4, 2020

President Carlos Alvarado still intends for Costa Rica to negotiate with the International Monetary Fund (IMF) to address the country's looming financial crisis. In an interview with…

Costa Rica mired in difficult internal negotiations regarding agreement with IMF
Costa Rica
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Costa Rica
1238 views

Costa Rica mired in difficult internal negotiations regarding agreement with IMF

Marco SIBAJA / AFP - September 30, 2020

Costa Rica is immersed in difficult internal negotiations as it seeks an agreement with the International Monetary Fund (IMF) to help keep its pandemic-battered finances afloat. While…

IMF confirms beginning of conversations with Costa Rica for $1.75 bn loan
Costa Rica
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Costa Rica
1246 views

IMF confirms beginning of conversations with Costa Rica for $1.75 bn loan

The Tico Times - September 24, 2020

The International Monetary Fund (IMF) on Thursday confirmed it has begun preliminary conversations with Costa Rica for a $1.75 billion loan. At a press briefing, spokesperson Gerry…

IMF predicts ‘partial and uneven’ recovery in Latin America due to Covid-19
Costa Rica
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Costa Rica
1293 views

IMF predicts ‘partial and uneven’ recovery in Latin America due to Covid-19

AFP and The Tico Times - September 24, 2020

The International Monetary Fund foresees a "partial and uneven" recovery in Latin America after the Covid-19 crisis, and it anticipates that countries will take years to stabilize…