IMF: "Economic
Recovery In Costa Rica Is Firmly Underway"
A staff team from the International Monetary
Fund (IMF) visited Costa Rica during April
7–13, 2010 to conduct the third and final
review of the Stand-By Arrangement (SBA)
approved in April 2009. The mission met with
Finance Minister Jenny Phillips, Central
Bank Governor Francisco de Paula Gutiérrez,
other senior officials, and representatives
of the financial sector.

Rodríguez Trial
Hits Snag On
First Day
The trial of
Miguel Angel Rodríguez and eight others in
the case known as ICE-Alcatel hit a snag on
the first day of hearing., as the court
suspended hearings until Friday to allow
defence attorneys to review the deal
agreement between the state's key witness,
José Antonio Lobo and the Fiscalía.


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Chinchilla Names
Institution Heads, Will Intervene CORREOS,
INVU, CNP and Announces Possible Moratorium
On Open Pit Mining
President-elect,
Laura Chinchilla, said on Monday that her
government will be intervening the
operations of Correos Costa Rica (Post
Office), the Instituto Nacional de Vivienda
y Urbanismo (INVU) and the Consejo Nacional
de la Producción (CNP) due their poor
economic situation as result of poor
management.

Australia Issues
Advisory For Travel To Costa Rica
The government of Australia has issued a
travel advisory for travel to Costa Rica. By
way of its website, Australia tells its
nationals to "exercise a high degree of
caution in Costa Rica because of the high
risk of serious crime."

Costa Rican Wins
2010 Goldman
Environmental
Prize
Costa Rica's
Randall Arauz is
one of six
around the world
to be awarded
the 2010 Goldman
Environmental
Prize of and
taking
home$150.000
each each for
their activism.

President-Elect
Chinchilla Off To Nicaragua Today
Costa Rica's president-elect, Laura
Chinchilla, will travel to Managua today to
meet with her Nicaraguan counterpart, Daniel
Ortega.

Costa Rica Hosts
Nine World Top
Hotel Chains
In 1990, the
first world
class hotel
chain to enter
the Costa Rican
market was
Barceló. Today,
some 20 years
later, Costa
Rica now is home
to the Marriott,
Best Western,
Intercontinental
and Hilton,
among others.

ICE To Get Tough
On Late Payers
Costa Rica's
state telecom, the Instituto Costarricense
de Electrcidad (ICE), will be getting tough
on customers who are late in paying their
telephone bills, more particularly, their
cellular telephone bills.

MAG - Universal
Road Re-Opens
Today
Following a wait
of a year or so
and months of
delays, the MAG
- Universal,
will be opened
today.
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