Costa Rica to push fiscal reforms to promote growth with support from IDB

May 7, 2021 Costa Rica will press ahead with its structural fiscal reforms program aimed at boosting fiscal management efficiency and equity and promoting sustainable economic recovery with two loans…

CINDE: What Fuels Medical Devices Leadership in Costa Rica?

April 20, 2021 Medical devices have become a leading product in Costa Rica, to the point that today they represent the country’s top export product. Twenty years ago, there were…

Costa Rica’s President: “No Growth and Poverty Reduction Without Economic Stability”

By: The International Monetary Fund March 2, 2021 Known for its lush tropical forests, universal health care system, and punching far above its weight in global environmental activism, Costa Rica…

IMF Executive Board Approves a 36-month US$ 1.778bn Extended Arrangement under the Extended Fund Facility for Costa Rica and Concludes 2021 Article IV Consultation

By: The International Monetary Fund March 2, 2021 The IMF Executive Board approved today a 36-month US$1.778 billion arrangement under the Extended Fund Facility (EFF) to help support Costa Rica’s…

Biomerics Announces Expansion Of Costa Rica Operations

February 23, 2021 Biomerics, a leading mid-market medical device contract manufacturer, announced it is doubling its manufacturing footprint in the La Zeta Free Trade Zone in Cartago, Costa Rica.  Biomerics…

IMF Reaches Staff-Level Agreement with Costa Rica on a Three-Year Extended Fund Facility and Completes 2021 Article IV Discussions

By: IMF January 22, 2021 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement…

IMF takes note of massive trade shock in Central America at height of COVID-19 pandemic.

By Staff Writer December 18, 2020 The International Monetary Fund (IMF) released a country focus on the Central American region, looking at the impact the COVID-19 pandemic and Natural disasters…