April 16, 2024 San José, Costa Rica: An International Monetary Fund (IMF) team led by Mr. Ding Ding held virtual and in-person meetings with the Costa Rican authorities during April 1-12,…
Category: COSTA RICA
Costa Rica Engages with Multilateral Partners to Launch a Sustainable Project Preparation Facility and Crowd in Climate Investments
December 5, 2023 The Government of Costa Rica announced today the creation of a Public-Private Partnership (PPP) Project Preparation Facility (PPF) to leverage public and private sector resources to develop…
Costa Rica: Staff Concluding Statement of the 2023 Article IV Mission, Fifth Review under the Extended Fund Facility, and Second Review Under the Resilience and Sustainability Facility Arrangement
October 31, 2023 An International Monetary Fund (IMF) staff team, led by Mr. Ding Ding, visited San Jos é during October 18–27. The staff team held discussions on the 2023 Article…
Country Report No. 2023/231 : Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation
June 30, 2023 Recent developments. Growth has been resilient despite global headwinds and inflation is on a strong downward trend. The easing of external pressures has allowed the authorities to…
IMF Executive Board Concludes the Fourth Review of Costa Rica’s Extended Fund Facility and the First Review under the Resilience and Sustainability Facility
June 27, 2023 The Executive Board of the International Monetary Fund (IMF) completed today the fourth review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…
Costa Rica: Technical Assistance Report-Sovereign Asset and Liability Management—Scoping Mission
June 16, 2023 Aided by a 36–month Extended Fund Facility (EFF) in place since March 2021, Costa Rica’s reform efforts toward strong, inclusive, and sustainable growth are showing tangible results.…
IMF Reaches Staff-Level Agreement with Costa Rica on the Fourth Review of the Extended Fund Facility and the First Assessment of the Resilience and Sustainability Facility Arrangement
May 2, 2023 San José, Costa Rica: An International Monetary Fund (IMF) team led by Mr. Ding Ding held virtual and in-person meetings with the Costa Rican authorities during April 17-28,…
Costa Rica: Technical Assistance Report-Upgrading the Rule-Based Fiscal Framework
February 24, 2023 The fiscal rule that came into force in 2020 has bolstered fiscal discipline and served Costa Rica well. The rule sets ceilings on nominal expenditure growth for…
IDB Invest, Liberty Costa Rica Launch Digital Infrastructure Sustainability-Linked Bond
January 27, 2023 IDB Invest and Liberty Costa Rica announced the international issuance of a Sustainability-Linked Bond (SLB) as part of a $450 million financing package to increase digital access…
Costa Rica and Guyana lead region in FDI says ECLAC
By: Staff Writer December 6, 2022 The Economic Commission for Latin America and the Caribbean (ECLAC) in its latest Foreign Direct Investment Report for Latin America and the Caribbean (LAC)…
Costa Rica to Tackle Climate Change with New Resilience and Sustainability Facility
November 18, 2022 Costa Rica has been a pioneer in greening its economy, and its efforts to fight climate change and restore ecosystems have earned the country international recognition. But…
IMF Executive Board Concludes the Third Review of Costa Rica’s Extended Fund Facility and Approves the Request for the Resilience and Sustainability Facility
November 15, 2022 The Executive Board of the International Monetary Fund (IMF) completed today the third review of Costa Rica’s economic reform program supported by the IMF’s extended arrangement under…