Costa Rica comes to terms with IMF

Costa Rica comes to terms with IMF

Loans Debt Economy & Policy Corporate & Sovereign Strategy Costa Rica US Coronavirus

Costa Rica has reached an agreement with the International Monetary Fund (IMF) for a three-year extended fund facility for roughly $1.75 billion, the Washington DC-based multilateral lender said in a press release on Friday. The staff-level agreement now goes to the IMF's executive board for the final decision, expected in the coming weeks, the lender said. Policy actions by Costa Rica will focus on ensuring fiscal sustainability, fostering monetary and financial stability and protecting the poo

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