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Costa Rica will begin negotiations with IMF in January
Costa Rica
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Costa Rica
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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
1170 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
1146 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
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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
1172 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
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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…

Costa Rican Presidency makes its case for IMF loan
Costa Rica
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Costa Rica
1116 views

Costa Rican Presidency makes its case for IMF loan

Alejandro Zúñiga - September 23, 2020

The Costa Rican Presidency hopes to generate internal support before its planned negotiations for $1.75 billion from the International Monetary Fund (IMF). In a video broadcast on national…

President of Legislative Assembly doesn’t see viability of Costa Rica’s IMF proposal
Costa Rica
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Costa Rica
1115 views

President of Legislative Assembly doesn’t see viability of Costa Rica’s IMF proposal

Alejandro Zúñiga - September 21, 2020

The president of Costa Rica's Legislative Assembly expressed his displeasure with the Presidency's fiscal measures that are intended to help the country secure financing from the International…

Costa Rica proposes tax measures as part of IMF negotiations
Costa Rica
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Costa Rica
1102 views

Costa Rica proposes tax measures as part of IMF negotiations

Alejandro Zúñiga - September 18, 2020

The Costa Rican Presidency on Thursday announced the fiscal measures it will present to the International Monetary Fund (IMF) as part of negotiations to secure $1.75 billion…

Costa Rica to propose fiscal adjustments before negotiations with IMF
Costa Rica
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Costa Rica
1041 views

Costa Rica to propose fiscal adjustments before negotiations with IMF

Alejandro Zúñiga - September 17, 2020

The Costa Rican government on Thursday will announce details about its upcoming negotiations with the International Monetary Fund (IMF), from which the Central American nation has asked…