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Costa Rica
Friday, May 27, 2022
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Costa Rica expects fiscal deficit to increase to 9.7% of GDP due to pandemic

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’s Minister of Finance resigns ahead of possible sanctions

The Comptroller recommended that President Carlos Alvarado punish her for having made an emergency payment shortly after the government took office last year.

Finance Minister: Costa Rica needs drastic spending cuts

Costa Rica's new Finance Minister, Rocío Aguilar, presented a package of drastic cuts to public spending at the Legislative Assembly on Wednesday and asked...

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