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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica

Latin America could reach 215 million impoverished people, ECLAC warns

The Tico Times -
These figures represent perhaps the worst economic crisis that Latin America has experienced in its history.
Costa Rica

S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts

The Tico Times -
According to S&P, Costa Rica's deficit could rise to 9% in 2020 without significant changes in 2021.
Costa Rica

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast

Alejandro Zúñiga -
Costa Rica intends to grow industrial hemp, attract wealthy retirees, and encourage the science and health technology sectors as avenues for economic recovery. 
Costa Rica

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

The Tico Times -
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

Costa Rica preparing economic support in response to coronavirus

Alejandro Zúñiga -
Costa Rica has 27 confirmed cases of coronavirus.
Costa Rica

Costa Rica registers inflation of 0.29% in February

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

Costa Rica to take decarbonization steps this week

The Tico Times -
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. 
Costa Rica

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

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

Costa Rica reached in 2019 its worst fiscal deficit in decades

The Tico Times -
The figure was given despite the fact that the country adopted a tax reform at the end of 2018 that included tax increases to address the deficit.
Business

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

The Tico Times -
This is the fifth consecutive year that the inflation index closes below the 3% target that the Central Bank has maintained in recent years.
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