Costa Rica Coffee Guide
Costa Rica places 1.5 billion dollars in Eurobonds to refinance debt
Costa Rica
1086 views
Costa Rica
1086 views

Costa Rica places 1.5 billion dollars in Eurobonds to refinance debt

AFP and The Tico Times - November 13, 2019

In an operation to cover state budgetary needs, including the refinancing of public debt, Costa Rica on Tuesday placed $1.5 billion in Eurobonds in the international market,…

Costa Rica obtains $500 million from CAF for fiscal support
Costa Rica
1686 views
Costa Rica
1686 views

Costa Rica obtains $500 million from CAF for fiscal support

AFP and The Tico Times - May 25, 2019

The Development Bank of Latin America (CAF) on Friday granted a $500 million credit to Costa Rica to support the country’s fiscal sustainability efforts. The 18-year term…

As he reaches a year in charge, President Alvarado addresses Legislative Assembly
Costa Rica
2142 views
Costa Rica
2142 views

As he reaches a year in charge, President Alvarado addresses Legislative Assembly

AFP and The Tico Times - May 2, 2019

On Thursday, President Carlos Alvarado defended his plans to tackle Costa Rica's fiscal deficit -- which he called one of the country's main problems -- and announced…

Economy faces downturn due to lack of tax reform
Costa Rica's Fiscal deficit
4948 views
Costa Rica's Fiscal deficit
4948 views

Economy faces downturn due to lack of tax reform

AFP and Tico Times - July 24, 2018

The Central Bank of Costa Rica (BCCR) warned Monday that the economy will face a growing public deficit and stunted growth if Congress doesn’t pass tax reform.…

Costa Rica’s struggle with fiscal reform highlights its governance problems
Business
3402 views
Business
3402 views

Costa Rica’s struggle with fiscal reform highlights its governance problems

John McPhaul - August 13, 2015

The Costa Rican government’s struggle to launch fiscal reform to deal with its large and growing budget deficit brings into sharp focus the ongoing governance problems faced…

World Bank official: Costa Rica faces some painful choices in 2015
Business
2667 views
Business
2667 views

World Bank official: Costa Rica faces some painful choices in 2015

Larry Luxner - December 11, 2014

WASHINGTON, D.C. – Costa Rica’s top diplomat in Washington and the World Bank’s top regional official agree on just about everything: President Luis Guillermo Solís – in…

Costa Rica’s ex-President Óscar Arias says the country is on the wrong path
Business
2619 views
Business
2619 views

Costa Rica’s ex-President Óscar Arias says the country is on the wrong path

Fabiola Pomareda - November 26, 2014

Costa Rica’s former two-term President Óscar Arias Sánchez (1986-1990 and 2006-2010) hasn’t even waited a full year before twice publicly criticizing the new administration of Luis Guillermo…

Costa Rican president promises to fire any top official who ‘misspends’ public funds
Newsletter
1928 views
Newsletter
1928 views

Costa Rican president promises to fire any top official who ‘misspends’ public funds

L. Arias - November 24, 2014

President Luis Guillermo Solís on Monday said he would dismiss any minister or public agency president who squanders funds allocated by the country's national budget for 2015, currently under discussion in the Legislative…

Business leaders, industrialists worried about Costa Rica’s ‘political problem’
Business
3812 views
Business
3812 views

Business leaders, industrialists worried about Costa Rica’s ‘political problem’

Fabiola Pomareda - November 11, 2014

Last week, some 350 people attended an economic forum at Costa Rica’s Hotel Barceló San José Palacio hosted by the business magazine Summa. The forum, titled “Costa…

Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems
Business
1805 views
Business
1805 views

Restaurant owners say 2 percent bank charge on credit, debit transactions could cause problems

L. Arias - October 9, 2014

Representatives of the Costa Rican Restaurants Chamber (CACORE) warned this week that restaurant owners could face liquidity problems from a 2 percent charge that banks will assess on all dining payments made with credit and debit…