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Finance Ministry

Road blockades continue; Tourism Chamber asks for free transit

The Presidency says the financial support is necessary to prevent an economic crisis. Critics, meanwhile, argue the loan is not needed

Fewer blockades Friday after overnight police action

The Public Security Ministry (MSP) intervened late Thursday night and early Friday morning to clear roadblocks on several important Costa Rican roads, authorities reported. 

Costa Rica endures second day of road blockades as protests continues against IMF deal

Daniel Calderón, director of the National Police, said that 22 blockade points were reported throughout the country — although none were in San José, unlike Wednesday.

Ports and highways blocked in rejection of Costa Rica’s IMF proposal

Protesters blocked roads and ports in different parts of Costa Rica on Wednesday

Protests to block Costa Rica roads, cause other disruptions Wednesday

Planned demonstrations throughout the country could block Costa Rican highways and cause other disruptions Wednesday.

Bus drivers protest to demand support through crisis in Costa Rica

Hundreds of buses crowded the streets of the Costa Rican capital on Tuesday in a protest to demand support from the government in the face of the COVID-19 pandemic.

Unions and municipalities protest in Costa Rica against pandemic spending cuts

Hundreds of unionists and municipal leaders marched Thursday through the capital and other cities in Costa Rica in protest of the austerity policies promoted by the government to contain public spending amid the COVID-19 pandemic.

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.

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

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

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

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

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