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Economy Growth Over 7 Percent
The Central Bank of Costa Rica
disclosed last week that the economy of
the country will grow over 7
percent this year, the largest
variation since 1999, when it
went 8.2 percent up.
Bank
chairman Francisco Gutierrez
pointed out that 2006 has been a
very good year, when referring
to the positive performance of
the leading economic indicators.
He pointed out that the
projections are based on the
behavior of the Monthly Index of
Economic Activity in the last 12
months –through October–, when
it went 7.7 percent up.
According to Gutierrez, the
variation reflects the dynamism
of the Gross Domestic Product.
The economist remarked that
exports increased this year by
18 percent, mainly because of a
boom in produce, free-zone, and
industrial exports.
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