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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica economy

Costa Rica to become first Central American country in the OECD

Founded in 1961, the OECD is dedicated to promoting policies for economic and social welfare. Its member countries move 60% of world trade and represent 80% of global GDP.

Unemployment in Costa Rica was rising even before coronavirus crisis

President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high.

How to support Costa Rican businesses and communities during the coronavirus crisis

While the new coronavirus hasn’t yet caused a health crisis in Costa Rica, the pandemic has had widespread repercussions for the country’s economy. 

Costa Rica plans to invest $880 million to face coronavirus impact

President Carlos Alvarado said that even with the fiscal tightness that the country is going through, the government has as a priority to attend to the needs of the population.

Costa Rica preparing economic support in response to coronavirus

Costa Rica has 27 confirmed cases of coronavirus.

Costa Rica registers inflation of 0.29% in February

The accumulated inflation over the last 12 months reached 1.79%, below the target of 3% set by the Central Bank for this year.

Facing investigation, Costa Rica’s Minister of the Presidency resigns after just seven months

Costa Rica's Minister of the Presidency, Víctor Morales, resigned from the position on Wednesday after just seven months on the job. 

Costa Rica to take decarbonization steps this week

Under the direction of the Environment and Energy Ministry (MINAE), Costa Rica this week will take steps toward achieving its goal of decarbonizing its economy by 2050. 

Deficit leads Moody’s to downgrade Costa Rica’s credit rating

Moody's Investor Services downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1.

Facing rising deficit, Costa Rican government announces fiscal consolidation plans

The Costa Rican government announced a plan that aims to consolidate finances and encourage economic growth without applying further taxes. 

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