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Costa Rica seeking World Bank loan to cover debt, government expenses for 2015

September 24th, 2014 (InsideCostaRica.com) The government of Luis Guillermo Solís is seeking a loan from the World Bank to cover its debt payments and fund government expenses for the first…

In Arizona, former president, Laura Chinchilla promotes free trade to stem illegal immigration

In Arizona, former president, Laura Chinchilla promotes free trade to stem illegal immigration

September 24th, 2014 (InsideCostaRica.com) Former president of Costa Rica, Laura Chinchilla, promoted free trade as a way to curb illegal immigration to the United States while in Phoenix, Arizona yesterday.…

S&P warns Costa Rica of possible ‘negative’ outlook shift, cites low growth forecasts, high deficits and debt

September 19th, 2014 (InsideCostaRica.com) The ratings agency Standard & Poor’s is warning Costa Rica that it is considering shifting its outlook for the country to ‘negative,’ citing expanding fiscal deficits…

Moody’s cuts Costa Rica’s credit rating to “junk” status

September 17th, 2014 (InsideCostaRica.com) Costa Rica’s credit rating was cut to junk status by Moody’s Investors Service yesterday, based on the country’s widening deficit and large debt burden.   Moody’s…

Government hopes to accelerate Chinese Economic Zones, declared of “public interest”

September 17th, 2014 (InsideCostaRica.com) The Ministry of Foreign Trade (Comex) hopes to accelerate the development of special free trade zones for Chinese companies, known as Special Economic Zones (EEZs).  …

Spending on public works up 50% this year

September 16th, 2014 (InsideCostaRica.com) Spending on public works has increased by 50% in the first seven months of 2014 compared to the same period last year, according to recent data.…

Mexican trade, investment in Costa Rica continues to grow

September 16th, 2014 (InsideCostaRica.com) A recent study by the Chamber of Industry and the Costa Rica-Mexico Trade Association (Cicomex) shows that Mexican firms continue to find Costa Rica an attractive…

First half of the year showed positive growth in tourist arrivals

First half of the year showed positive growth in tourist arrivals

September 11th, 2014 (InsideCostaRica.com) Costa Rica recorded 1,391,617 tourist arrivals in the first six months of this year, an increase of 5.4% compared to the same period last year, according…

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