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Costa Rica unemployment disproportionately impacts women
Costa Rica
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Costa Rica
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Costa Rica unemployment disproportionately impacts women

Alejandro Zúñiga - March 8, 2021

Unemployment in Costa Rica is at 19.1%, but the job loss provoked by the pandemic has predominantly impacted women. According to the National Institute of Statistics and…

Costa Rica unemployment rate drops to 19%
Costa Rica
2720 views
Costa Rica
2720 views

Costa Rica unemployment rate drops to 19%

The Tico Times - March 4, 2021

Unemployment in Costa Rica fell to 19.1% in the moving quarter from November to January. This maintained a downward trend that has followed the record unemployment figures…

Campaign to help families, businesses in Guanacaste
Business
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Business
1412 views

Campaign to help families, businesses in Guanacaste

The Tico Times - March 3, 2021

Costa Rican authorities this week relaunched a campaign to support businesses and provide meals to tourism employees who lost their jobs during the pandemic. The “Reactivemos la…

The commitments Costa Rica made with the IMF
Costa Rica
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Costa Rica
1275 views

The commitments Costa Rica made with the IMF

The Tico Times - March 2, 2021

Costa Rica will receive a three-year, $1.78 billion loan from the International Monetary Fund as part of the financial entity’s Extended Fund Facility (EFF). “When a country…

IMF approves $1.8 billion loan for Costa Rica
Costa Rica
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Costa Rica
1525 views

IMF approves $1.8 billion loan for Costa Rica

The Tico Times - March 1, 2021

The IMF approved a 36-month credit agreement for $1.778 billion dollars with Costa Rica, the entity reported Monday, which immediately released $296.5 million to stabilize the economy…

Costa Rica unemployment continues to fall, but remains high
Costa Rica
2680 views
Costa Rica
2680 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…

With vaccinations underway, Costa Rica hopes for economic recovery
Costa Rica
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Costa Rica
2443 views

With vaccinations underway, Costa Rica hopes for economic recovery

AFP - January 31, 2021

Costa Rica, which has already started its vaccination campaign against Covid-19, will have a gradual economic recovery from 2021, conditional on Congress approving a fiscal adjustment negotiated…

Pandemic caused loss of 255 million jobs worldwide in 2020
Costa Rica
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Costa Rica
2680 views

Pandemic caused loss of 255 million jobs worldwide in 2020

Nina LARSON / AFP - January 26, 2021

The Covid-19 pandemic caused "massive damage" to employment, and recovery in 2021 will be "slow, uneven and uncertain" if policy makers do not take appropriate action, the…

Costa Rica summons IMF law projects to Legislative Assembly
Costa Rica
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Costa Rica
1272 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
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Costa Rica
1487 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…