Mauricio Claver-Carone, became the first U.S. citizen to be elected as president of the Inter-American Development Bank (IDB) despite the opposition of some countries that wished for a continuation of the tradition that the entity be led by a Latin American.
The former president of Costa Rica, Laura Chinchilla, withdrew her candidacy for the presidency of the Inter-American Development Bank (IDB), the government announced Thursday.
The Costa Rican Presidency has withdrawn 10 law projects in an effort to streamline the path toward a $504 million loan from the International Monetary Fund.
Unemployment in Costa Rica reached 24% in the April-June quarter, the highest on record, as the country continues to suffer the economic effects of the coronavirus pandemic.
The figure would represent the country's largest fall since Costa Rica's economic crisis of the 1980s. It's a steeper decline than previously forecast and takes into account the ongoing effects of the crisis.
