Inside Costa Rica » economy

“Costa Rica economy cannot take another year” without new taxes, president says

Inside Costa Rica Staff — Fri, 31 Jul 2015 17:09:53 +0000

Costa Rican president, Luis Guillermo Solis warned on Thursday that the country’s economy cannot survive another year without new tax revenue.

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Costa Rica’s Central Bank revises down 2015 growth forecast

Inside Costa Rica Staff — Fri, 31 Jul 2015 15:48:58 +0000

Costa Rica’s Central Bank revised down its growth forecast for the country’s economy on Wednesday, projecting real GDP growth of 2.8% for 2015, down from its January projection of 3.4%.

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Stable exchange rate drives more Costa Ricans to seek credit in dollars

Inside Costa Rica Staff — Thu, 30 Jul 2015 17:59:00 +0000

Stability in the exchange rate between Costa Rica’s colon and the U.S. dollar is driving more Costa Ricans to seek dollar-denominated loans, according to the most recent data from Costa Rica’s Central Bank.

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