Costa Rica will begin negotiations for a loan from the International Monetary Fund (IMF) during the second week of January, Finance Minister Elian Villegas announced.
The Costa Rican Presidency on Tuesday introduced two new bills and supported six others meant to help the country cut costs in context of a growing financial crisis.
Citing disagreements with how the Costa Rican Presidency handled the multi-sectorial dialogue meant to address the country's economic crisis, Women's Minister Patricia Mora announced her resignation on Monday.
President Carlos Alvarado still intends for Costa Rica to negotiate with the International Monetary Fund (IMF) to address the country's looming financial crisis.
The Minister of Labor, Geannina Dinarte, highlighted that on the first day of the dialogue, the interest of the sectors in reaching agreements was evident.