IMF Staff Country Reports

Costa Rica: 2023 Article IV Consultation, Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Second Review Under the Resilience and Sustainability Facility, and Request for Modification of Reform Measure

December 22, 2023

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Format: Chicago

Costa Rica: 2023 Article IV Consultation, Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Second Review Under the Resilience and Sustainability Facility, and Request for Modification of Reform Measure, (USA: International Monetary Fund, 2023) accessed December 21, 2024

Summary

Costa Rica is reaping the benefits from the home-grown reform program that has been implemented since 2021 and enabled the country to restore confidence in its policy frameworks, withstand multiple external shocks, and push forward key reforms. Despite strong growth, inflation has fallen sharply. International reserves are on an upward path and public debt is falling.

Subject: Climate change, Economic and financial statistics, Environment, External sector statistics, Government finance statistics, Inflation, International organization, Monetary policy, Prices

Keywords: Caribbean, Central America, Climate change, Climate change resilience recovery, Decarbonization effort, External sector statistics, FX operations, Global, Government finance statistics, Headline inflation, IMF Resilience and Sustainability Facility arrangement, Inflation, RSF arrangement

Publication Details

  • Pages:

    167

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/442

  • Stock No:

    1CRIEA2023005

  • ISBN:

    9798400261930

  • ISSN:

    1934-7685