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News briefs: Costa Rica news highlights to start your Friday
Costa Rica
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Costa Rica
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News briefs: Costa Rica news highlights to start your Friday

Alejandro Zúñiga - October 30, 2020

We hope you're reading this Costa Rica news while drinking a delicious  coffee and eating a traditional  gallo pinto. Here's the local news you should know today. Happy…

News briefs: Costa Rica news highlights to start your Thursday
Costa Rica
2109 views
Costa Rica
2109 views

News briefs: Costa Rica news highlights to start your Thursday

Alejandro Zúñiga - October 29, 2020

We hope you're reading this Costa Rica news while drinking a delicious  coffee and eating a traditional  gallo pinto. Here's the local news you should know today. Happy…

Costa Rica expects fiscal deficit to increase to 9.7% of GDP due to pandemic
Costa Rica
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Costa Rica
1445 views

Costa Rica expects fiscal deficit to increase to 9.7% of GDP due to pandemic

The Tico Times - July 10, 2020

The Costa Rican government predicts a fiscal deficit of up to 9.7% of GDP as a result of falling revenues and expenses related to the COVID-19 pandemic,…

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

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

AFP and The Tico Times - April 9, 2020

Costa Rica presented to its Legislative Assembly on Wednesday an investment plan for $880 million to support citizens who have lost their income due to the coronavirus…

Facing rising deficit, Costa Rican government announces fiscal consolidation plans
Costa Rica
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Costa Rica
1386 views

Facing rising deficit, Costa Rican government announces fiscal consolidation plans

The Tico Times - February 11, 2020

Facing a fiscal deficit that reached 6.96% of GDP in 2019, the country's highest figure in decades, the Costa Rican government on Monday announced a plan that…

Costa Rica reached in 2019 its worst fiscal deficit in decades
Costa Rica
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Costa Rica
1409 views

Costa Rica reached in 2019 its worst fiscal deficit in decades

AFP - January 30, 2020

Costa Rica's fiscal deficit reached 6.96% of GDP in 2019, the highest of the last three decades, the Ministry of Finance reported Wednesday. The result exceeded the…

Costa Rica places 1.5 billion dollars in Eurobonds to refinance debt
Costa Rica
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Costa Rica
1331 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
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Costa Rica
1902 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
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Costa Rica
2400 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
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Costa Rica's Fiscal deficit
5200 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.…