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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica economic forecast

Campaign to help families, businesses in Guanacaste

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 commitments Costa Rica made with the IMF

These are the law projects Costa Rica has agreed to as part of its IMF deal.

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 unemployment continues to fall, but remains high

Unemployment in the last quarter of 2020 was 7.6 percentage points higher than   the same period in 2019, the INEC indicated.

With vaccinations underway, Costa Rica hopes for economic recovery

Costa Rica was one of the first countries in Latin America to begin vaccination against the coronavirus, on December 24.

Pandemic caused loss of 255 million jobs worldwide in 2020

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.

Costa Rica summons IMF law projects to Legislative Assembly

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 Fund (IMF). 

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 closes 2020 with large fiscal deficit, though better than expected

Costa Rica closed 2020 with a fiscal deficit of 8.3% of GDP, the highest in recent decades although lower than the official projection, the government announced Monday.

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