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Costa Rica
Monday, May 23, 2022
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Legislative Assembly votes in favor of IMF loan to Costa Rica

The Legislative Assembly approved, in a first debate, the $1.778 billion loan from the International Monetary Fund (IMF).

IMF sees global economy improving despite uncertainties

Economic growth led by the United States and China is accelerating, amplifying the risks of an uneven global recovery.

The commitments Costa Rica made with the IMF

These are the law projects Costa Rica has agreed to as part of its IMF deal.

IMF approves $1.8 billion loan for Costa Rica

The IMF approved a 36-month credit agreement for $1.778 billion dollars with Costa Rica

Costa Rica summons IMF law projects to Legislative Assembly

The Executive Branch summed 36 bills to the floor of the Legislative Assembly for debate, including three that relate to Costa Rica's negotiations with the International Monetary Fund (IMF). 

Costa Rica and IMF reach technical agreement on fiscal adjustment

The Central American country's fiscal deficit reached 8.3% of GDP in 2020, the highest in the last four decades, although lower than the Central Bank's 9.2% projection.

Costa Rica, IMF reach agreement in principle for $1.75 billion loan

Costa Rica has reached a preliminary agreement with the International Monetary Fund (IMF) for a $1.75 billion loan.

Costa Rica closes 2020 with large fiscal deficit, though better than expected

Costa Rica closed 2020 with a fiscal deficit of 8.3% of GDP, the highest in recent decades although lower than the official projection, the government announced Monday.

Costa Rica, IMF in talks to reduce fiscal debt

The country is hoping for a loan of $1.75 billion.

Costa Rica seeks IMF agreement with the challenge of consolidating finances

The original IMF proposal unleashed a wave of protests, with road blocks throughout the country, which forced the government of Carlos Alvarado to withdraw the initiative.

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