January 25, 2021 |
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
Central America's third-largest economy agrees to a three-year, $1.75 bln facility from the multilateral lender