Costa Rica: Staff Report for the 2002 Article IV Consultation

March 21, 2003

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Costa Rica: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

This 2002 Article IV Consultation highlights that since 2000, economic growth in Costa Rica has slowed to about 2 percent. Inflation has remained at 10 percent, and unemployment has remained at about 6 percent. The external current account deficit has increased to about 5.5 percent of GDP, reflecting a sharp increase in imports of capital goods by public enterprises, and a loss of dynamism of exports, associated in part with some weakening of international competitiveness. Progress in other areas of structural reform has also slowed in recent years.

Subject: Banking, Commercial banks, Economic sectors, Financial institutions, Financial services, Offshore financial centers, Public debt, Public sector, State-owned banks

Keywords: Anti-money laundering regime, Central America, Commercial banks, CR, Debt ratio, Eurobond, Eurobond issue, Government control, ISCR, Offshore financial centers, Public sector, Staff appraisal, State telecommunications, State-owned banks, Wage bill

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/082
Stock No:

1CRIEA0012003
ISBN:

9781451809619
ISSN:

1934-7685

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