IMF Staff Country Reports

Costa Rica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica

March 10, 2008

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Costa Rica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Summary

The Costa Rican economy has grown at rapid rates in the last three years, underpinned by a robust world expansion, sound economic policies, and strong business and consumer confidence. Economic policies have been well oriented. The fiscal position has substantially improved. The exchange rate level and policies are consistent with the maintenance of external stability. IMF staff supports the neutral policy stance envisaged in the 2008 central government budget and plans for a substantive tax reform. The authorities should push ahead with financial system reforms.

Subject: Banking, Currencies, Economic sectors, External debt, Inflation, Money, Prices, Public debt, Public sector

Keywords: Central America, Consumer confidence, CR, Currencies, Exchange rate band, FDI flow, FDI levels inflow, Global, Headline inflation target, Inflation, ISCR, Public sector

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/097

  • Stock No:

    1CRIEA2008001

  • ISBN:

    9781451809688

  • ISSN:

    1934-7685