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The commitments Costa Rica made with the IMF
Costa Rica
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Costa Rica
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The commitments Costa Rica made with the IMF

The Tico Times - March 2, 2021

Costa Rica will receive a three-year, $1.78 billion loan from the International Monetary Fund as part of the financial entity’s Extended Fund Facility (EFF). “When a country…

IMF approves $1.8 billion loan for Costa Rica
Costa Rica
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Costa Rica
1480 views

IMF approves $1.8 billion loan for Costa Rica

The Tico Times - March 1, 2021

The IMF approved a 36-month credit agreement for $1.778 billion dollars with Costa Rica, the entity reported Monday, which immediately released $296.5 million to stabilize the economy…

U.S. Embassy issues security alert over expected protests (Feb. 22)
Costa Rica
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Costa Rica
1571 views

U.S. Embassy issues security alert over expected protests (Feb. 22)

Alejandro Zúñiga - February 22, 2021

The United States Embassy in Costa Rica has issued the following security alert regarding expected protests on Monday, February 22: The U.S. Embassy has received credible open-source…

U.S. Embassy issues security alert over expected protests (Feb. 15)
Costa Rica
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Costa Rica
1556 views

U.S. Embassy issues security alert over expected protests (Feb. 15)

Alejandro Zúñiga - February 12, 2021

The United States Embassy in Costa Rica has issued the following security alert regarding Monday's expected protests: The U.S. Embassy has received credible open-source information indicating Rescate…

Read this legal breakdown of Costa Rica’s Global Income Tax project
Costa Rica
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Costa Rica
21583 views

Read this legal breakdown of Costa Rica’s Global Income Tax project

The Tico Times - January 26, 2021

Among the law projects comprising Costa Rica's agreement with the International Monetary Fund is the "Global Income Tax." The project, worked under file No. 22.383, aims to…

Costa Rica summons IMF law projects to Legislative Assembly
Costa Rica
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Costa Rica
1231 views

Costa Rica summons IMF law projects to Legislative Assembly

Alejandro Zúñiga - January 26, 2021

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…

Costa Rica and IMF reach technical agreement on fiscal adjustment
Costa Rica
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Costa Rica
1448 views

Costa Rica and IMF reach technical agreement on fiscal adjustment

AFP and The Tico Times - January 23, 2021

Costa Rica and the International Monetary Fund (IMF) announced Friday an agreement to balance the country's finances, which rules out privatizations or higher taxes on consumption or…

Costa Rica, IMF reach agreement in principle for $1.75 billion loan
Costa Rica
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Costa Rica
1460 views

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

Alejandro Zúñiga - January 22, 2021

Costa Rica has reached an agreement in principle with the International Monetary Fund (IMF) for a $1.75 billion loan. Before the loan is finalized, it must receive…

Costa Rica cuts contributions to political campaigns to contain deficits
Costa Rica
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Costa Rica
3912 views

Costa Rica cuts contributions to political campaigns to contain deficits

The Tico Times - January 21, 2021

Costa Rica put into effect on Wednesday a law that severely cuts state contributions to political parties for the 2022 electoral campaign, as part of the country's…

Costa Rica, IMF in talks to reduce fiscal debt
Costa Rica
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Costa Rica
1467 views

Costa Rica, IMF in talks to reduce fiscal debt

AFP - January 12, 2021

Costa Rica embarked on two weeks of negotiations with the International Monetary Fund on Monday, seeking a "viable" solution to its mounting fiscal debt, worsened by the…