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President Alvarado testifies in response to data-collection controversy
Costa Rica
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Costa Rica
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President Alvarado testifies in response to data-collection controversy

AFP and The Tico Times - February 10, 2021

The president of Costa Rica, Carlos Alvarado, gave testimony on Wednesday before a legislative commission investigating a data collection unit that aroused suspicions of having accessed private…

Costa Rica unemployment continues to fall, but remains high
Costa Rica
2531 views
Costa Rica
2531 views

Costa Rica unemployment continues to fall, but remains high

AFP - February 5, 2021

Unemployment in Costa Rica reached 20% of the workforce in the last quarter of 2020, a figure lower than in previous months but still elevated, the official…

Costa Rica testing new trains, preparing for April debut
Costa Rica
1146 views
Costa Rica
1146 views

Costa Rica testing new trains, preparing for April debut

Alejandro Zúñiga - February 2, 2021

Residents of the Greater Metropolitan Area may have noticed a new addition to Costa Rica's public-transportation sector this week. The Costa Rican Railway Institute (INCOFER) is testing…

Costa Rica summons IMF law projects to Legislative Assembly
Costa Rica
1117 views
Costa Rica
1117 views

Costa Rica summons IMF law projects to Legislative Assembly

Alejandro Zúñiga - January 26, 2021

The Executive Branch summed 36 bills to the floor of the Legislative Assembly for debate, including three that relate to Costa Rica's negotiations with the International Monetary…

Costa Rica and IMF reach technical agreement on fiscal adjustment
Costa Rica
1337 views
Costa Rica
1337 views

Costa Rica and IMF reach technical agreement on fiscal adjustment

AFP and The Tico Times - January 23, 2021

Costa Rica and the International Monetary Fund (IMF) announced Friday an agreement to balance the country's finances, which rules out privatizations or higher taxes on consumption or…

Costa Rica, IMF reach agreement in principle for $1.75 billion loan
Costa Rica
1333 views
Costa Rica
1333 views

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

Alejandro Zúñiga - January 22, 2021

Costa Rica has reached an agreement in principle with the International Monetary Fund (IMF) for a $1.75 billion loan. Before the loan is finalized, it must receive…

‘Multilateralism is back!’ How Costa Rica’s leaders celebrated U.S. inauguration
Costa Rica
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Costa Rica
398 views

‘Multilateralism is back!’ How Costa Rica’s leaders celebrated U.S. inauguration

Alejandro Zúñiga - January 20, 2021

Costa Rican leaders on Wednesday congratulated Joe Biden as he was sworn in as the 46th President of the United States. "Multilateralism is back!" said President Carlos…

Costa Rica, IMF in talks to reduce fiscal debt
Costa Rica
1352 views
Costa Rica
1352 views

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
1322 views
Costa Rica
1322 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 unemployment falls but remains at historic levels
Costa Rica
2530 views
Costa Rica
2530 views

Costa Rica unemployment falls but remains at historic levels

The Tico Times - January 7, 2021

Unemployment in Costa Rica was 21.3% in the moving quarter from September to November, a historically high level as a result of the pandemic, although the figure…