IMF Staff Country Reports

Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation-Press Release; and Staff Report

June 27, 2023

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Costa Rica: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, First Review Under the Resilience and Sustainability Arrangement, Request for Modification of Reform Measure Under the Resilience and Sustainability Facility, and Monetary Policy Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2023) accessed October 26, 2024

Summary

Recent developments. Growth has been resilient despite global headwinds and inflation is on a strong downward trend. The easing of external pressures has allowed the authorities to rebuild reserves, while the ongoing fiscal consolidation has strengthened debt sustainability and contributed to upgraded sovereign ratings.

Subject: Central Banks, Credit, Fiscal policy, Fiscal stance, Inflation, International organization, International reserves, Monetary policy, Money, Prices, Public debt

Keywords: Central America, Central bank of Costa Rica, Credit, Fiscal stance, Global, IMF Resilience and Sustainability Facility arrangement, Inflation, International reserves, RSF arrangement, Staff appraisal, Staff representative

Publication Details

  • Pages:

    125

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/231

  • Stock No:

    1CRIEA2023003

  • ISBN:

    9798400247200

  • ISSN:

    1934-7685