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Author : Miguel A. Savastano
Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (837 download)
Download or read book Costa Rica written by Miguel A. Savastano and published by . This book was released on 2009 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498310826
Total Pages : 89 pages
Book Rating : 4.4/5 (983 download)
Download or read book Costa Rica written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2019-04-13 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation highlights that Costa Rican government recognizes the challenges and is planning a broad array of measures, although the political and social environment remains difficult. The Consultation focused on policies that would help restore fiscal sustainability, strengthen the inflation targeting framework, enhance resilience of the financial system, and boost potential and inclusive growth. The fiscal reform constitutes a critical step towards restoring fiscal sustainability, but full and timely implementation is key. Further frontloaded fiscal consolidation, based largely on revenue measures, should be implemented to further reduce debt and financing pressures, while taking measures to protect the poor. It is also recommended that monetary policy should continue to remain data dependent and balance downside risks to inflation stemming from slower activity and upside risks to inflation arising from tighter global financial conditions. Structural reforms, including those planned under the Organisation for Economic Co-operation and Development accession process should be implemented to improve competitiveness and foster inclusive growth.
Download or read book Costa Rica, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher :
ISBN 13 : 9781280976186
Total Pages : 63 pages
Book Rating : 4.9/5 (761 download)
Download or read book Costa Rica: 2006 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica written by International Monetary Fund and published by . This book was released on 2006-11-29 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484337905
Total Pages : 87 pages
Book Rating : 4.4/5 (843 download)
Download or read book Costa Rica written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-02-04 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy recovered quickly from the global crisis of 2008–09, with healthy growth and low inflation. Growth has, however, slowed recently and is expected to remain subdued in the short run, since gains from recovery in the U.S. will be offset by the closure of the Intel manufacturing plant. Inflation is elevated, owing primarily to exchange rate (XR) depreciation triggered by global repricing of emerging market assets in early 2014. Risks to the outlook are tilted to the downside. Absent consolidation, large fiscal deficits would make public debt dynamics unsustainable in the long-run.
Author : David J. Robinson
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (254 download)
Download or read book Costa Rica: 2007 Article IV Consultation written by David J. Robinson and published by . This book was released on 2008 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1513570927
Total Pages : 129 pages
Book Rating : 4.5/5 (135 download)
Download or read book Costa Rica written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2021-03-01 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costa Rica has been hit hard by the COVID-19 pandemic, notwithstanding the authorities’ proactive policy response and the country’s well-established universal healthcare system. The socio-economic impact has been significant, exacerbating an already fragile outlook and pre-existing imbalances, with a significant toll on economic activity and unemployment—especially among women and the young. The shock has further weakened the country’s fiscal position, undermining the expected yields from the ambitious fiscal reform launched in late 2018, and generated a large financing gap. Financial support through the Fund’s Rapid Financing Instrument (RFI) in 2020 provided temporary relief to respond to the pandemic, including by catalyzing financial assistance from other official partners, but financing needs remain sizable over the medium term.
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484304535
Total Pages : 81 pages
Book Rating : 4.4/5 (843 download)
Download or read book Costa Rica written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-06-27 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights the growth of Costa Rica’s economy at its estimated trend rate of about 4.25 percent and an essentially closed output gap. Headline inflation turned positive again in the second half of 2016 and is rising moderately, with both headline and core indicators still below the 2–4 percent target range. The colón has been depreciating moderately since mid-2016, while reserves have declined despite the narrowing in the current account deficit. In 2017, growth is anticipated to slow marginally to 4 percent, driven by weaker terms of trade and more stringent financial conditions.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451809700
Total Pages : 64 pages
Book Rating : 4.4/5 (518 download)
Download or read book Costa Rica written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-10-16 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costa Rica’s economy has been hit hard by the global crisis, but active policies have helped preserve stability and mitigate the negative impact on growth. This 2009 Article IV Consultation highlights that despite the worsening of economic activity, the banking sector has remained sound. Although the nonperforming loan ratio of banks has risen moderately and profitability declined in the first half of 2009, liquidity and solvency indicators remained adequate. Fiscal policy has provided significant support to domestic demand.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455291676
Total Pages : 58 pages
Book Rating : 4.4/5 (552 download)
Download or read book Costa Rica written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-07-05 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of safeguarding fiscal sustainability is outlined. Steps taken by authorities to improve the tax system are discussed. Implementation of the financial sector assessment program (FSAP) is welcomed. The importance of securing approval of the legislation to enhance consolidated supervision, establish a deposit insurance system, and strengthen the resolution framework is highlighted. The economic program supported by the precautionary Stand-By Arrangement had successfully met its immediate objective of supporting macroeconomic stability at a time of global financial turmoil. The authorities' fiscal program resulted in a gradual decline in the fiscal deficit.
Author : Markus Rodlauer
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (255 download)
Download or read book Costa Rica written by Markus Rodlauer and published by . This book was released on 2006 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451809619
Total Pages : 61 pages
Book Rating : 4.8/5 (96 download)
Download or read book Costa Rica: 2002 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2003-03-21 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Fondo Monetario Internacional
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (96 download)
Download or read book Costa Rica written by Fondo Monetario Internacional and published by . This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fondo Monetario Internacional
Publisher :
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (96 download)
Download or read book Costa Rica written by Fondo Monetario Internacional and published by . This book was released on 2003 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (714 download)
Download or read book Costa Rica written by and published by . This book was released on 2004 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher :
ISBN 13 : 9781280895869
Total Pages : 47 pages
Book Rating : 4.8/5 (958 download)
Download or read book 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 written by International Monetary Fund and published by . This book was released on 2008-03-10 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (52 download)
Download or read book Costa Rica, 2002 Article IV Consultation written by and published by . This book was released on 2003 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
