Costa Rica Coffee Guide
Costa Rica plans to invest $880 million to face coronavirus impact
Costa Rica
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Costa Rica
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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…

Costa Rica preparing economic support in response to coronavirus
Costa Rica
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Costa Rica
997 views

Costa Rica preparing economic support in response to coronavirus

Alejandro Zúñiga - March 14, 2020

President Carlos Alvarado said Costa Rica is preparing a series of economic measures to protect jobs and businesses during the downturn caused by the coronavirus pandemic. In…

Costa Rica registers inflation of 0.29% in February
Costa Rica
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Costa Rica
579 views

Costa Rica registers inflation of 0.29% in February

AFP and The Tico Times - March 6, 2020

Costa Rica recorded an inflation of 0.29% in February, higher than the 0.11% figure in January. Still, the accumulated total over the last 12 months remained below…

Costa Rica to take decarbonization steps this week
Costa Rica
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Costa Rica
756 views

Costa Rica to take decarbonization steps this week

The Tico Times - February 24, 2020

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
Costa Rica
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Costa Rica
804 views

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

Alejandro Zúñiga - February 13, 2020

Moody's Investor Services, a United States-based financial company, downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1, it announced this week in…

Costa Rica reached in 2019 its worst fiscal deficit in decades
Costa Rica
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Costa Rica
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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…

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target
Business
662 views
Business
662 views

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target

AFP and The Tico Times - January 8, 2020

Inflation in Costa Rica reached 1.52% in 2019, below the 3% target set by the Central Bank, the official statistical agency said Wednesday. According to the National…

Five keys to Argentina’s economic crisis
Argentina
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Argentina
1162 views

Five keys to Argentina’s economic crisis

AFP - December 27, 2019

South America's third biggest economy is in "virtual default," according to Argentina's President Alberto Fernandez, who claims it is suffering a similar crisis to the worst of…

In Costa Rica, companies make social and environmental commitments
Business
1435 views
Business
1435 views

In Costa Rica, companies make social and environmental commitments

AFP and The Tico Times - November 3, 2019

An international business organization met Friday with its colleagues in Costa Rica in search of allies willing to adhere to the commitment to seek a social and…

Costa Rica falls seven spots in Global Competitiveness Index
Costa Rica
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Costa Rica
1363 views

Costa Rica falls seven spots in Global Competitiveness Index

Alejandro Zúñiga - October 10, 2019

Costa Rica fell seven spots to 62nd in the latest Global Competitiveness Index rankings, which were released by the World Economic Forum this week. The index considers…