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 its history in 2001.
Costa Rica closed 2018 with a fiscal deficit of 6 percent of its GDP, below the 7.2 percent that had been projected by the Central Bank, President Carlos Alvarado said Monday.
Costa Rica and China signed a cooperation agreement on Monday in the context of the Silk Road Economic Belt, an initiative of Beijing that aims to encourage trade and investment.
